Patterson Companies Inc PDCO.OQ reported quarterly adjusted earnings of 47 cents per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of twelve analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 46 cents to 50 cents per share.
Revenue rose 1.3% to $1.67 billion from a year ago; analysts expected $1.65 billion.
Patterson Companies Inc's reported EPS for the quarter was 30 cents.
The company reported quarterly net income of $26.77 million.
Patterson Companies Inc shares had risen by 0.2% this quarter and lost 23.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
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 1 "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 $26.00
This summary was machine generated from LSEG data December 5 at 02:31 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Oct. 31 2024 | 0.49 | 0.47 | Missed |
Jul. 31 2024 | 0.32 | 0.24 | Missed |
Apr. 30 2024 | 0.82 | 0.82 | Met |
Jan. 31 2024 | 0.60 | 0.59 | Missed |
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