Patrick Industries Inc expected to post earnings of $1.32 a share - Earnings Preview

Patrick Industries

27/04/2021 13:46

* Patrick Industries Inc  PATK.OQ   PATK.O  is expected to show
a rise in quarterly revenue when it reports results on April 29.
* The Elkhart, Indiana-based company is expected to report  a
25.7% increase in revenue to $740.711 million from $589.23
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Patrick Industries Inc
is for earnings of $1.32 per share. For the same quarter last
year, the company reported earnings of 91 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Patrick
Industries Inc is $96​, about 0.1% below​ its last closing price
of $96.05. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  1.44        1.44       1.64      Beat    13.6
 Sep. 30 2020  1.30        1.25       1.62      Beat    29.2
 Jun. 30 2020  -0.06       -0.10      0.15      Beat    252.2​
 Mar. 31 2020  0.67        0.69       0.91      Beat    31.1
 Dec.          0.75​       0.74       0.86      Beat    15.5​
 31​ 2019​                                              
 Sep. 30 2019  0.96        0.96       0.92      Missed  -4.5​
 Jun. 30 2019  1.10        1.10       1.18      Beat    7
 Mar. 31 2019  0.88        0.88       0.90      Beat    2.1
 This summary was machine generated April 27 at 12:46 GMT.  All
figures in US dollars unless otherwise stated