Patterson Cos's Return on Invested Capital Insights
Portfolio Pulse from Benzinga Insights
Patterson Cos (NASDAQ:PDCO) reported Q4 earnings of $74.84 million, a 38.99% increase from Q3, and sales of $1.72 billion, a 7.5% increase since Q3. The company posted a return on invested capital (ROIC) of 4.3%, indicating effective capital allocation. Q4 earnings per share were $0.84, beating analyst predictions of $0.7.
June 22, 2023 | 2:45 pm
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Patterson Cos reported strong Q4 earnings and sales growth, with a 4.3% ROIC, indicating effective capital allocation. The company beat analyst EPS predictions.
Patterson Cos reported a significant increase in Q4 earnings and sales, as well as a positive ROIC of 4.3%, suggesting effective capital allocation. The company also beat analyst EPS predictions, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100