Ferguson 9/17/2024 Earnings Report

Ferguson EPS Results

• Actual EPS: $2.98
• Consensus EPS: $2.86
• Beat/Miss: Beat by +$0.12
• One Year Ago EPS: $2.77

Ferguson Revenue Results

• Actual Revenue: $7.95 billion
• Expected Revenue: $8.01 billion
• Beat/Miss: Missed by -$60.50 million
• YoY Revenue Growth: +1.40%

Ferguson Announcement Details

• Date: 9/17/2024
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

Ferguson (NYSE:FERG) (NYSE: FERG) is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers. In addition to product distribution, the company offers services such as technical support, specification assistance, inventory management and online ordering platforms that help contractors streamline procurement and project execution. Its operating model emphasizes localized stocking and rapid fulfillment to reduce downtime on jobsites.

The business traces its corporate lineage to the long-established Wolseley group and adopted the Ferguson name as its global identity in recent years. Ferguson’s operations are focused on serving professional markets in North America and other regions where it maintains distribution capabilities. The company’s scale and distribution footprint position it as a key supplier to the construction, maintenance and industrial sectors.