29.11.2023 13:08:50 - dpa-AFX: Patterson Companies Inc. Q2 Profit Decreases, misses estimates
SAINT PAUL (dpa-AFX) - Patterson Companies Inc. (PDCO) revealed a profit for
second quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $39.96 million, or $0.42 per share. This
compares with $54.07 million, or $0.55 per share, in last year's second quarter.
Excluding items, Patterson Companies Inc. reported adjusted earnings of $47.28
million or $0.50 per share for the period.
Analysts on average had expected the company to earn $0.58 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 $1.65 billion from $1.63
billion last year.
Patterson Companies Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $39.96 Mln. vs. $54.07 Mln. last year.
-EPS (Q2): $0.42 vs. $0.55 last year.
-Analyst Estimates: $0.58
-Revenue (Q2): $1.65 Bln vs. $1.63 Bln last year.
-Guidance:
Full year EPS guidance: $2.35 to $2.45
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