INVESCO WATER RESOURCES ETF (PHO) Stock News
NASDAQ:PHO - Nasdaq - US46137V1420 - ETF - Currency: USD
PHO Latest News, Press Relases and Analysis
Toro Lowers Full-Year Outlook As Residential Sales Slump, Costs Weigh on Margins
Toro Q2 sales down 2% Y/Y to $1.32B, missing consensus of $1.35B. Residential segment sales fell 11.4%, segment earnings down to $16.1M from $36.1M. Professional segment sales up 0.8%, segment earnings up to $202.1M from $190.7M. Adjusted EPS of $1.42 (+1% Y/Y), beating consensus of $1.40. Toro lowers FY25 adjusted EPS guidance to $4.15-$4.30, sees net sales growth of flat to -3%. TTC shares down 3.14% at $73.19. Invesco Water Resources ETF (PHO) and Neuberger Berman Small-Mid Cap ETF (NBSM) provide exposure to the stock.
Ferguson Stock Soars On Strong Q3 Growth, Margin Gains And Upbeat Guidance
Ferguson Enterprises Inc. (FERG) shares rise on strong Q3 results, with net sales up 4.3% Y/Y and adjusted EPS beating consensus. Company also declares dividend and expects $100M in annualized savings.
Ferguson Stock Soars On Strong Q3 Growth, Margin Gains And Upbeat Guidance
Ferguson Enterprises Inc. (NYSE:FERG) shares are trading higher premarket on Tuesday after the company reported third-quarter results. The company reported net sales of $7.62 billion, up 4.3% year over year (Y/Y), beating the consensus of $7.42 billion. Net sales growth was driven by organic revenue growth of 5.0% Y/Y and acquisition growth of 1.0% Y/Y in the quarter. Also Read: Toyota Restructures Complex Shareholding Pattern In Mobility Push The company witnessed improvement in finished goods
The 3 Hottest Water Stocks to Watch in 2024
Water stocks are the right call, not just for investors but also for the planet as we enter 2024 and beyond.
This Simple Industrials ETF Could Turn $1,000 a Month Into $612,000
The Invesco Water Resources ETF could be a great evergreen investment.
Mentions: IVZ
7 Water Stocks to Buy Now: May 2024
As the United States begins a years-long effort to rebuild an aging water infrastructure here are seven water stocks to buy.
3 Innovative Water Tech Stocks to Watch in a Thirsty World
The world is in need of water scarcity solutions. These water tech stocks are doing their part while offering upside potential for investors.
The 3 Best Water Funds for Opportunity-Focused Investors
These three best water exchange-traded funds will provide profits over the long term for opportunity-focused investors.
2 Water ETFs that Will Benefit from Bipartisan Infrastructure Bill
The water utility industry is expected to generate solid growth in the coming years, fueled by the government’s efforts to repair aging water infrastructure. So, we think investors seeking to capitalize on the industry’s growth in a relatively less risky way could do worse than bet on famous water ETFs Invesco Water Resources ETF (PHO) and First Trust Water ETF (FIW). Read on.
The Best Funds for the Infrastructure Boom
The new, $1.2 trillion infrastructure bill is sweeping, and the most obvious beneficiaries—cyclical companies like machinery and construction firms—have been bid up. Here are ETFs that own stocks that could benefit as money moves through the supply chain.
The Best ETFs for the Infrastructure Boom
The new, $1.2 trillion infrastructure bill is sweeping, and the most obvious beneficiaries—cyclical companies like machinery and construction firms—have been bid up. Here are ETFs that own stocks that could benefit as money moves through the supply chain.