US Stock Market Move | Q3 performance exceeded expectations, Ferguson (FERG.US) surged over 14%
On Tuesday, Ferguson (FERG.US) surged more than 14%, reaching $205.61.
On Tuesday, Ferguson (FERG.US) soared over 14% to $205.61. On the news front, the company's adjusted earnings per share for the third quarter of fiscal year 2025 was $2.50, exceeding analysts' expectations of $2.02, a growth of 7.8%. Third-quarter sales were $7.621 billion, a year-on-year increase of 4.3%, surpassing the market's expectations of $7.421 billion. The adjusted operating profit margin increased to 9.4%, up 20 basis points from the same period last year.
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