Stock Track | Ferguson Plc. Plunges 7.98% Pre-Market on Disappointing Q1 2025 Earnings Miss

Stock Track

2024/12/10

Ferguson Plc.'s stock plunged 7.98% in the pre-market session on Tuesday, following the company's disappointing fiscal first-quarter 2025 earnings report.

The British plumbing and heating products distributor reported adjusted earnings per share of $2.45, missing analyst estimates of $2.62 by 6.49%. Revenue for the quarter came in at $7.772 billion, narrowly missing expectations of $7.831 billion.

The weaker-than-expected results weighed on investor sentiment, sending Ferguson's shares sharply lower ahead of the market open. The lackluster performance highlights the headwinds facing the company amid a challenging macroeconomic environment.

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Plunges 7.98% Pre-Market on Disappointing Q1 2025 Earnings Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-12-10 19:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Ferguson Plc.'s stock plunged 7.98% in the pre-market session on Tuesday, following the company's disappointing fiscal first-quarter 2025 earnings report.</p>\n\n<p>The British plumbing and heating products distributor reported adjusted earnings per share of $2.45, missing analyst estimates of $2.62 by 6.49%. 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