Ferguson Enterprises rise after beating Q4 estimates

Ferguson Enterprises

16/09/2025 12:28

** Shares of Ferguson Enterprises FERG.N up 8.4% at $232.47 premarket

** The plumbing and air conditioning equipment supplier beats Q4 revenue, profit estimates

** Q4 adj. EPS of $3.48 beats analyst estimates of $2.88; sales of $8.5 bln above estimated $8.41 bln - data compiled by LSEG

** Revenue from non-residential markets, which accounts for about half of co's U.S. revenue, grew 15% in Q4 YoY, driven by equipment demand for waterworks projects - co

** Co sees mid-single digit revenue growth for calendar 2025

** FERG changing fiscal year-end to December 31 from July 31, reporting to be effective from Jan 1, 2026

** 16 of 24 brokerages rate the stock "buy" or higher, eight "hold"; median PT is $248.5 - data compiled by LSEG

** Up to last close FERG up 23.6% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))