Ferguson Earnings, Revenue beat In Q2
Investing.com - Ferguson reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ferguson announced earnings per share of $1.93 on revenue of $6.51B. Analysts polled by Investing.com anticipated EPS of $1.89 on revenue of $6.11B.
Ferguson shares are down 12% from the beginning of the year and are trading at $11,440.0 , down-from-52-week-high.They are under-performing the FTSE 100 which is down 4.04% from the start of the year.
Ferguson shares lost 1.97% in intra-day trade the report.
Ferguson follows other major Industrials sector earnings this month
Ferguson's report follows an earnings missed by BAE Systems on Thursday, February 24, 2022, who reported EPS of $0.24 on revenue of $10.18B, compared to forecasts EPS of $22.01 on revenue of $11,338M.
Bunzl had beat expectations on Monday, February 28, 2022 with fourth quarter EPS of $0.69 on revenue of $5.42B, compared to forecast for EPS of $0.30 on revenue of $5,137M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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