Patterson Companies Inc reports results for the quarter ended in July

Reuters

Patterson Companies Inc reports results for the quarter ended in July - Earnings Summary

2024 8월 28, 오후 6:06 GMT

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Patterson Companies Inc PDCO.OQ reported quarterly adjusted earnings of 24 cents per share for the quarter ended in July, lower than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of twelve analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 30 cents to 33 cents per share.
Revenue fell 2.2% to $1.54 billion from a year ago; analysts expected $1.59 billion.
Patterson Companies Inc's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $13.72 million.
Patterson Companies Inc shares had risen by 6.5% this quarter and lost 9.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 24.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Patterson Companies Inc is $28.00

This summary was machine generated from LSEG data August 28 at 06:06 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)