Ferguson Enterprises Inc expected to post earnings of $2.62 a share - Earnings Preview

Reuters
06 Dec 2024

* Ferguson Enterprises Inc is expected to show a rise in quarterly revenue when it reports results on December 10 for the period ending October 31 2024

* The Newport News Virginia-based company is expected to report a 1.6% increase in revenue to $7.831 billion from $7.71 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Ferguson Enterprises Inc is for earnings of $2.62 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 1.1% in the last three months. ​

* Wall Street's median 12-month price target for Ferguson Enterprises Inc is $230.00​, above​ its last closing price of $215.18. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jul. 31 2024 2.84 2.86 2.98 Beat 4.2

Apr. 30 2024 2.31 2.32 2.32 Met 0.2

Jan. 31 2024 1.84 1.84 1.74 Missed -5.6​

Oct. 31 2023 2.64 2.64 2.65 Beat 0.5

​​Jul. 2.45 2.46 2.77 Beat 12.7

31 2023

Apr. 30 2023 2.16 2.17 2.20 Beat 1.6​

Jan. 31 2023 2.02 2.01 1.91 Missed -5.1

Oct. 31 2022 2.78 2.78 2.95 Beat 6.1

This summary was machine generated December 6 at 11:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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