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Market Buzz: Profitability Projections for Ferguson plc, Casey's, Ciena, Core & Main and THOR Industries

  • June 03rd, 2023
  • 629 views

Several companies are scheduled to report their financial results on Tuesday, June 6.

Ferguson plc (NYSE: FERG), a global distributor of plumbing and heating products, will release its third-quarter fiscal 2023 results before the market opens. Analysts anticipate earnings per share of $2.17 on revenue of $7.1 billion.

$FERG closed at $147.76 on Friday, showing a gain of $2.17 (1.49%).

Casey's General Stores, Inc. (Nasdaq: CASY), a convenience store chain, will announce its fourth-quarter fiscal 2023 results after the market closes. The consensus estimates project earnings per share of $1.60 on revenue of $3.39 billion.

On Friday, $CASY closed at $229.05, up $3.89 (1.73%).

Ciena Corporation (NYSE: CIEN), a networking systems and services company, expects to disclose its fiscal second-quarter 2023 financial results before the opening of the financial markets. Analysts forecast earnings per share of $0.61 on revenue of $1.09 billion.

$CIEN closed at $48.13 on Friday, experiencing a gain of $1.10 (2.34%).

Core & Main, Inc. (NYSE: CNM), a leading distributor of water, sewer, and fire protection products, will release its financial results for the first quarter fiscal 2023 before the market opens. The consensus estimates suggest earnings per share of $0.46 on revenue of $1.6 billion.

$CNM closed at $27.30 on Friday, up $0.80 (3.02%).

THOR Industries, Inc. (NYSE: THO), a recreational vehicle manufacturer, will announce its fiscal 2023 third-quarter earnings before the market opens. Analysts anticipate earnings per share of $1.10 on revenue of $2.83 billion.

$THO closed at $81.98 on Friday, reflecting an increase of $3.07 (3.89%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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