FERG - Ferguson Non-GAAP EPS of $1.91 misses by $0.04 revenue of $6.82B beats by $150M
2023-03-07 07:41:50 ET
- Ferguson press release ( NYSE: FERG ): Q2 Non-GAAP EPS of $1.91 misses by $0.04 .
- Revenue of $6.82B (+4.8% Y/Y) beats by $150M .
- FY23 Guidance:
- Reaffirms Net sales growth of low single digits Adjusted operating margin of 9.3% to 9.9%
- Reaffirms Interest expense of $185- $205 million from prior view of $170M-$190M
- Adjusted effective tax rate of approximately 25%
- Capital expenditures of $400M-$450M from prior view of $350 - $400 million
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Ferguson Non-GAAP EPS of $1.91 misses by $0.04, revenue of $6.82B beats by $150M