Ferguson plc (FERG) reported that its first quarter net income declined to $519 million from $595 million, last year. Reported earnings per share was $2.54 compared to $2.84, a decrease of 10.6%. Adjusted earnings per share was $2.65, decreased 10.2% from last year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $2.62, for the quarter. Analysts' estimates typically exclude special items.
Net sales were $7.7 billion, 2.8% below last year. Organic revenue declined 4.9%, for the quarter. Analysts on average had estimated $7.65 billion in revenue.
The company's fiscal 2024 financial guidance is unchanged.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.