Why Ferguson Enterprises Stock Jumped Nearly 10% Today
Shares of Ferguson Enterprises (NYSE: FERG) rose as much as 9.8% on Tuesday, following the release of mixed results for the fourth quarter of fiscal 2025, ended July 31. The distributor of plumbing and heating supplies erased negative sentiment from last week's dividend announcement. All told, Ferguson's stock is back where it was a month ago.
Ferguson's Q4 revenue rose 6.9% year over year, landing at $8.5 billion. Adjusted bottom-line earnings jumped from $2.98 to $3.48 per share -- a 17% increase. The analyst community had expected earnings near $3.29 per share on sales in the neighborhood of $8.7 billion.
At the same time, management issued mildly bullish guidance for the just-started fiscal year 2026. Adjusted operating margins should widen and Ferguson's single-digit revenue growth is slated to continue.
Source Fool.com
