Ferguson Plc. (NYSE: FERG) stock soared 6.27% in pre-market trading on Tuesday, as investors eagerly anticipate the company's quarterly earnings report. The building materials distributor is scheduled to release its financial results before the opening bell, with market watchers keenly focused on the company's performance.

Wall Street analysts expect Ferguson Enterprises Inc. to report quarterly earnings of $2.88 per share on revenue of $8.41 billion. The company's ability to meet or exceed these expectations could be driving the positive sentiment in early trading. The construction and home improvement sectors have been areas of interest for investors, given the ongoing dynamics in the housing market and infrastructure spending.

The pre-market surge suggests that investors may be optimistic about Ferguson's results, possibly anticipating strong performance or positive guidance. However, it's important to note that the actual earnings report could still impact the stock's performance during regular trading hours. Investors will be looking closely at key metrics such as revenue growth, profit margins, and any forward-looking statements from management to gauge the company's future prospects in the competitive building materials and distribution industry.