Investing.com - Ferguson reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ferguson announced earnings per share of $2.85 on revenue of $7.97B. Analysts polled by Investing.com anticipated EPS of $2.77 on revenue of $7.81B.
Ferguson shares are down 42.46% from the beginning of the year and are trading at $103.22 , down-from-52-week-high.
Ferguson follows other major Industrials sector earnings this month
Ferguson's report follows an earnings beat by FedEx on Thursday, September 22, 2022, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $2.8 on revenue of $23.78B.
Copart had beat expectations on Wednesday, September 7, 2022 with fourth quarter EPS of $1.13 on revenue of $883.39M, compared to forecast for EPS of $1.1 on revenue of $874.13M.
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