Ferguson plc (FERG) Tops Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall St falls as tech earnings spark AI spending worries; oil hits $100
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- RTX stock jumps as company lifts guidance after Q2 beat
- Dollar hits new 40-year high versus yen, euro lower after ECB decision
Ferguson Reports First Quarter Results
December 5, 2023 6:45 AM ESTSolid Performance with Full Year Guidance Unchanged
First quarter highlights
Sales decline of 2.8%, against a 16.6% prior year growth comparable. Operating margin of 9.6% (10.0% on an adjusted basis) in the quarter. Diluted earnings per share of $2.54 ($2.65 on an adjusted basis). Operating cash flow of $557 million, an increase of $59 million over the prior year. Declared quarterly dividend of $0.79, reflecting a 5% increase over the prior year. Completed one acquisition during the quarter. Share repurchases of $108 million during the quarter with an outstanding balance of approximately $400 million... More