Ferguson Enterprises jumps after upbeat quarterly results

Ferguson Enterprises

03/06/2025 16:58

** Shares of Ferguson Enterprises FERG.N rise 15% to $207

** Company reports Q3 adj. EPS of $2.5, vs analysts' avg. estimate of $2.02, according to data compiled by LSEG

** FERG reports Q3 sales of $7.62 billion, compared with analysts' estimates of $7.42 billion

** Company says 2025 sales forecast low to mid-single digit growth

** Fourteen of 22 brokerages rate the stock "buy" or higher, eight rate "hold"; their median PT is $190

** Including session's moves, shares up 19% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))