Ferguson Enterprises falls after Q2 profit miss
ReutersMar 11, 2025 12:31 PM
Shares of plumbing and air conditioning equipment supplier Ferguson Enterprises FERG.N down 7.27% at $153.53 premarket
Co reports adj. Q2 profit of $1.52/share, lower than analysts' average estimate of $1.60/share, as per data compiled by LSEG
Reaffirms 2025 sales growth to be in the low-single-digit range
FERG posts Q2 sales of $6.87 bln, vs estimate of $6.76 bln
Stock has fallen 16.9% in the past 12 months
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