|
10.12.2024 17:13:25
|
Ferguson Stock Turns Red On Decline In Q1 Profit
(RTTNews) - Shares of Ferguson Enterprises Inc. (FERG) are moving down about 8 percent on Tuesday morning, following a fall in first-quarter net income to $470 million or $2.34 a share from last year's $519 million or $2.54 a share.
The decline was primarily driven by higher selling, general, and administrative expenses.
Currently, Ferguson's stock is dropping 8.61 percent, to $198.98 over the previous close of $217.74 on the New York Stock Exchange.
On an adjusted basis, net income stood at $494 million or $2.45 a share compared to $543 million or $2.65 a share in the prior year.
However, revenue increased to $7.77 billion from $7.71 billion in the previous year.
Looking ahead, the company expects net sales to experience growth of low single digit for the fiscal year 2025.
Analysen zu Ferguson PLC Registered Shs
Im BX Morningcall werden folgende Aktien analysiert und erklärt:
NEU✅ Wolters Kluwer
NEU✅ American Express
NEU✅ Deckers Outdoor
inklusive Rebalancing:
❌ Synopsys
❌ Vertex Pharmaceuticals Inc
❌ Targa Resources
👉🏽 https://bxplus.ch/bx-musterportfolio/
Inside Trading & Investment
Mini-Futures auf SMI
Inside Fonds
Meistgelesene Nachrichten
Börse aktuell - Live Ticker
SMI schließlich höher -- DAX letztlich stabil -- Wall Street bleibt geschlossen -- Asiens Börsen schliessen im MinusDer heimische Aktienmarkt bewegte sich am Donnerstag höher, während der deutsche Aktienmarkt nahe der Nulllinie notierte. An der Wall Street findet am Donnerstag kein Handel statt. In Asien verbuchten die Börsen am Donnerstag Verluste.
finanzen.net News
| Datum | Titel |
|---|---|
|
{{ARTIKEL.NEWS.HEAD.DATUM | date : "HH:mm" }}
|
{{ARTIKEL.NEWS.BODY.TITEL}} |