Patrick Industries Q2 Adj $2.16 Beats $2.06 Estimate, Sales $1.02B Beat $975.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Patrick Industries (NASDAQ:PATK) reported Q2 earnings of $2.16 per share, beating the analyst estimate of $2.06. Sales were $1.02 billion, surpassing the $975.03 million estimate. Both earnings and sales showed significant year-over-year growth.
August 01, 2024 | 12:02 pm
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Patrick Industries (NASDAQ:PATK) reported Q2 earnings of $2.16 per share, beating the analyst estimate of $2.06. Sales were $1.02 billion, surpassing the $975.03 million estimate. Both earnings and sales showed significant year-over-year growth.
Patrick Industries' Q2 earnings and sales both exceeded analyst expectations and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100