Earnings Preview: Patrick Industries
Portfolio Pulse from Benzinga Insights
Patrick Industries (NASDAQ:PATK) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an EPS of $1.75. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $72.44, up 46.98% over the last 52 weeks.
October 25, 2023 | 6:01 pm
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Patrick Industries is expected to report an EPS of $1.75 in its upcoming earnings. The company has a history of beating EPS estimates, which has generally led to a share price increase. The stock is currently up 46.98% over the last 52 weeks.
The company's history of beating EPS estimates and the positive trend in its stock price over the last year suggest that the upcoming earnings report could have a positive impact on the stock. However, the actual impact will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100