Patterson Cos Q4 Adj EPS $0.84 Beats $0.70 Estimate, Sales $1.72B Beat $1.66B Estimate
Portfolio Pulse from Benzinga Newsdesk
Patterson Cos reported Q4 adjusted earnings of $0.84 per share, beating the analyst consensus estimate of $0.70 by 20%. Sales reached $1.72 billion, surpassing the $1.66 billion estimate by 3.67%.
June 21, 2023 | 11:01 am
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Patterson Cos' Q4 earnings and sales beat analyst estimates, with earnings at $0.84 per share and sales at $1.72 billion.
Patterson Cos reported better-than-expected Q4 earnings and sales, which is likely to have a positive impact on its stock price in the short term. The company's earnings per share beat estimates by 20%, and sales exceeded estimates by 3.67%. This strong performance indicates that the company is doing well financially, which could attract more investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100