Ferguson Earnings, Revenue beat In Q2

  • Investing.com
Ferguson Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Ferguson reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Ferguson announced earnings per share of £2.5 on revenue of £7.28B. Analysts polled by Investing.com anticipated EPS of £2.04 on revenue of £6.71B.

Ferguson shares are down 30% from the beginning of the year and are trading at £9,162.0 , down-from-52-week-high.They are under-performing the TR UK 50 which is up 0.78% from the start of the year.

Ferguson shares gained 2.35% in intra-day trade the report.

Ferguson follows other major Industrials sector earnings this month

Ferguson's report follows an earnings beat by EasyJet on Thursday, May 19, 2022, who reported EPS of £-57.2 on revenue of £1.5B, compared to forecasts EPS of £-67.48 on revenue of £664M.

Royal Mail had missed expectations on Thursday, May 19, 2022 with fourth quarter EPS of £0.35 on revenue of £6.64B, compared to forecast for EPS of £31.00 on revenue of £6,661M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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