Ferguson Enterprises Reports Mixed Q4 Results and FY25 Forecast
Tuesday, 17 September 2024, 10:50
Ferguson Enterprises Q4 Earnings Overview
Ferguson Enterprises Inc. (ticker: FERG) recently announced its Q4 results, showcasing mixed financial performance.
- Q4 Non-GAAP EPS: $2.98, beating expectations by $0.12.
- Revenue: $7.95 billion, a 1.4% increase year-over-year, yet missing analysts' consensus by $70 million.
Strong Cash Generation and FY25 Outlook
Ferguson's financial standing remains strong with net cash generation of $1.9 billion, indicating solid operational strength. Looking forward, the company has initiated its FY25 outlook, which will be closely watched by investors and analysts alike.
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