28.02.2024 13:05:08 - dpa-AFX: Patterson Companies Inc. Q3 Profit Decreases, misses estimates
SAINT PAUL (dpa-AFX) - Patterson Companies Inc. (PDCO) reported earnings for
third quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $47.70 million, or $0.52 per share. This
compares with $53.93 million, or $0.55 per share, in last year's third quarter.
Excluding items, Patterson Companies Inc. reported adjusted earnings of $55.03
million or $0.59 per share for the period.
Analysts on average had expected the company to earn $0.60 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 1.2% to $1.62 billion from $1.60
billion last year.
Patterson Companies Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $47.70 Mln. vs. $53.93 Mln. last year.
-EPS (Q3): $0.52 vs. $0.55 last year.
-Analyst Estimates: $0.60
-Revenue (Q3): $1.62 Bln vs. $1.60 Bln last year.
-Guidance:
Full year EPS guidance: $2.30 to $2.35
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