From Financial Modeling Prep: 2024-12-11 04:00:04

Ashtead Group PLC reported an earnings per share of $1.16, missing the estimated $1.56, with revenue of $2.94 billion falling short of the expected $3.79 billion. The stock price dropped 12.4% post-announcement, attributed to a revised revenue growth forecast of 3%-5% due to challenging market conditions in the construction industry.



Read more at Financial Modeling Prep:: Ashtead Group PLC’s Financial Challenges and Marke…