Insights into Patrick Industries's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Patrick Industries (NASDAQ:PATK) is set to release its quarterly earnings report on October 31, 2024, with analysts estimating an EPS of $1.87. The company has a consensus rating of 'Outperform' and a one-year price target of $142.7, suggesting a potential 4.58% upside. Despite strong revenue growth, the company faces challenges with net margin and debt management.
October 30, 2024 | 7:02 pm
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Patrick Industries is expected to report an EPS of $1.87. The company has a consensus 'Outperform' rating and a price target of $142.7, indicating a potential 4.58% upside. Investors are focused on whether the company will surpass estimates and provide favorable guidance.
The upcoming earnings report is crucial for Patrick Industries, with analysts expecting an EPS of $1.87. The company's 'Outperform' rating and price target suggest positive sentiment. Investors will be particularly attentive to whether the company can exceed expectations and provide strong guidance, which could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100