SAINT PAUL (dpa-AFX) - (Adds Outlook)

For the full year 2024, Patterson Companies Inc. (PDCO) revised down earnings
guidance to $1.99-$2.04 per share from $2.04-$2.14 provided earlier. Excluding
one-time items, the company now sees earnings of $2.30-$2.35 a share.

Analysts on average are expecting Patterson to post earnings of $2.36 for the
period.

Q4 Results:

Patterson Companies 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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