Ferguson plc (FERG) Misses Q3 EPS by 8c, provides guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
William Blair Defending Ferguson Plc. (FERG), 'Buying Opportunity on Slight EPS Miss'
March 6, 2024 7:01 AM ESTWilliam Blair analyst Ryan Merkel reiterated an Outperform rating on Ferguson Plc. (NYSE: FERG).
The analyst comments "Second-quarter EPS missed the Street estimate by 4%, on lower sales and higher operating expense. The sales shortfall was due to contractors taking extended holiday vacations and challenging January weather. Full-year guidance was reiterated as open orders and daily sales trends support a return to positive organic growth during the second half. Importantly, February organic sales were flat and total sales growth was slightly positive with M&Ain line with our model and... More
Ferguson plc (FERG) Mentioned Positively at Zelman
March 6, 2024 6:20 AM ESTFerguson plc (NYSE: FERG) Mentioned Positively at Zelman
"Buy on Weakness"... More