Equity Profile

FERG

Ferguson Enterprises Inc.

IndustrialsTrading Companies & Distributors$44.5B

Jun8Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Ferguson Enterprises Inc. is a leading distributor of plumbing and heating products, serving both residential and commercial markets....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market presence and sales, which is vital for investor confidence.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

FERG Q2-2026 Earnings Preview

Context

Company Snapshot

Ferguson Enterprises Inc. is a leading distributor of plumbing and heating products, serving both residential and commercial markets. As a key player in the industrial sector, its performance can be influenced by trends in construction, home improvement, and overall economic activity.

Earnings Scorecard·Last 6Q

EPS Beat Streak

EPS Beat Rate

67%

Avg EPS Surprise

+8.07%

Avg Stock Reaction

+1.91%

Last Quarter Recap

In the last quarter, Ferguson reported an EPS of $2.28, outperforming expectations by 6.69%. However, the stock declined by 3.06% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Ferguson's upcoming earnings, given its recent performance. However, the lack of analyst estimates adds uncertainty to expectations.

Bull Case

If Ferguson continues to beat EPS estimates as it has done in the past, it could see a positive market reaction, especially if revenue growth is strong.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, similar to past reactions.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for this quarter?

Given Ferguson's history of beating EPS estimates, this figure will be crucial in determining market sentiment.

How is revenue growth trending compared to previous quarters?

Revenue growth is a key indicator of the company's performance and ability to capture market share, which investors will closely monitor.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Ferguson's ability to leverage recent market trends in construction and home improvement, which could lead to better-than-expected results.

Supporting Evidence

Ferguson has a strong track record of beating EPS estimates, with a 67% success rate in the last six quarters.

The options market is pricing in a smaller move than historical averages, suggesting potential for a larger surprise.

Key Risk

If the EPS comes in above $2.50, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce the company's growth trajectory or highlight potential weaknesses.

Bull Confirmed If

An EPS of $2.50 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $2.14 would confirm the bear case, suggesting ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±3.99%

Historical Avg

±8.1%

Pricing cheap

The options market is pricing in a modest move of about 4%, which is lower than the historical average of 8.14%, suggesting a potentially stable outlook.

Options are pricing ±4.0% while FERG has averaged ±8.1% over the last 6 prints — setup is pricing cheap.

Detail

ATM IV

0.4%

30d HV

27.1%

Calls (2K)P/C Ratio: 4.00Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ferguson beats expectations, history suggests the stock could rise by around 6.77%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

Miss

Should the company miss expectations, history indicates a potential drop of about 7.83%, which could raise concerns about future performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-GARichard W. AllenRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth trends in key markets.
2Details on cost management strategies and their impact on margins.
3Insights into demand for plumbing and heating products in the residential sector.
4Management's outlook on the macroeconomic environment and its impact on future performance.
5Comments on any new initiatives or product lines that could drive growth.

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Company Snapshot

Ferguson Enterprises Inc. is a leading distributor of plumbing and heating products, serving both residential and commercial markets....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market presence and sales, which is vital for investor confidence.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

FERG Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 6Q

EPS Beat Streak

EPS Beat Rate

67%

Avg EPS Surprise

+8.07%

Avg Stock Reaction

+1.91%

Last Quarter Recap

In the last quarter, Ferguson reported an EPS of $2.28, outperforming expectations by 6.69%. However, the stock declined by 3.06% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Ferguson's upcoming earnings, given its recent performance. However, the lack of analyst estimates adds uncertainty to expectations.

Bull Case

If Ferguson continues to beat EPS estimates as it has done in the past, it could see a positive market reaction, especially if revenue growth is strong.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, similar to past reactions.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for this quarter?

Given Ferguson's history of beating EPS estimates, this figure will be crucial in determining market sentiment.

How is revenue growth trending compared to previous quarters?

Revenue growth is a key indicator of the company's performance and ability to capture market share, which investors will closely monitor.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Ferguson's ability to leverage recent market trends in construction and home improvement, which could lead to better-than-expected results.

Supporting Evidence

Ferguson has a strong track record of beating EPS estimates, with a 67% success rate in the last six quarters.

The options market is pricing in a smaller move than historical averages, suggesting potential for a larger surprise.

Key Risk

If the EPS comes in above $2.50, it could challenge the current cautious outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce the company's growth trajectory or highlight potential weaknesses.

Bull Confirmed If

An EPS of $2.50 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $2.14 would confirm the bear case, suggesting ongoing challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±3.99%

Historical Avg

±8.1%

Pricing cheap

The options market is pricing in a modest move of about 4%, which is lower than the historical average of 8.14%, suggesting a potentially stable outlook.

Options are pricing ±4.0% while FERG has averaged ±8.1% over the last 6 prints — setup is pricing cheap.

Detail

ATM IV

0.4%

30d HV

27.1%

Calls (2K)P/C Ratio: 4.00Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ferguson beats expectations, history suggests the stock could rise by around 6.77%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

Miss

Should the company miss expectations, history indicates a potential drop of about 7.83%, which could raise concerns about future performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-GARichard W. AllenRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth trends in key markets.
2Details on cost management strategies and their impact on margins.
3Insights into demand for plumbing and heating products in the residential sector.
4Management's outlook on the macroeconomic environment and its impact on future performance.
5Comments on any new initiatives or product lines that could drive growth.