Investing.com - Ferguson reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ferguson announced earnings per share of £2.9 on revenue of £7.97B. Analysts polled by Investing.com anticipated EPS of £2.8 on revenue of £7.81B.
Ferguson shares are down 13% from the beginning of the year, still down 28.26% from its 52 week high of £13,640.00 set on January 4.
Ferguson follows other major Industrials sector earnings this month
Ferguson's report follows an earnings missed by Bunzl on August 30, who reported EPS of £0.66 on revenue of £5.65B, compared to forecasts EPS of £70.72 on revenue of £5,091M.
Smiths Group had matched expectations on Friday with fourth quarter EPS of £0.394 on revenue of £1.37B, compared to forecast for EPS of £0.394 on revenue of £1,282M.
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