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Benzinga
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Ferguson Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Ferguson Enterprises will report Q4 earnings on September 16. 2. Analysts expect earnings of $3.01 per share, up from $2.98. 3. Projected revenue is $8.39 billion, an increase from $7.95 billion. 4. Ferguson's stock rose 0.7% to $225.72 last Thursday. 5. Analysts have maintained positive ratings and increased price targets.

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FAQ

Why Bullish?

Growing earnings and revenue projections typically lead to higher stock prices. Historical trends show positive earnings surprises boost S&P 500 stocks.

How important is it?

Strong earnings and revenue growth are likely to positively influence investor sentiment and market dynamics.

Why Short Term?

Earnings releases have immediate effects on stock prices. S&P 500 constituents often see movements within days post-earnings.

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