Patrick Industries Inc reports results for the quarter ended December 31 - Earnings Summary

Patrick Industries

06/02/2025 14:32

* Patrick Industries Inc  PATK.OQ  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 94 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 51 cents per share. Wall
Street expected results to range from 46 cents to 67 cents per
share.
    * Revenue rose 8.3% to $846.12 million from a year ago;
analysts
expected $815.59 million. 
    * Patrick Industries Inc's reported EPS for the quarter was
42
cents​.
    * The company reported quarterly net income of $14.56
million.
    * Patrick Industries Inc shares had risen by 17.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Patrick
Industries Inc is $99.50 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.51           0.42           Missed
 Sep. 30 2024      1.22           1.20           Missed
 Jun. 30 2024      1.36           1.44           Beat
 Mar. 31 2024      0.88           1.06           Beat