Patrick Industries Inc expected to post earnings of $1.98 a share - Earnings Preview

Patrick Industries

08/02/2022 13:54

* Patrick Industries Inc  PATK.OQ   PATK.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
10. 
    * The Elkhart Indiana-based  company is expected to report 
a
30.4% increase in revenue to $1.008 billion from $772.61 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Patrick Industries
Inc is
for earnings of $1.98 per share. For the same quarter last year,
the company reported earnings of $1.64 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $110.5​, about 39.3% above​ its last closing
price of $67.12. ​​​
    * 

This summary was machine generated February 8 at 13:54 GMT.  All
figures in US dollars  unless otherwise stated