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

Patrick Industries

10/02/2022 15:45

* Patrick Industries Inc  PATK.OQ  reported quarterly
adjusted
earnings of $2.62​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of $1.98 per share.
    * Revenue rose 48.5% to $1.15 billion from a year ago; 
analysts
expected $1.01 billion. 
    * Patrick Industries Inc's reported EPS for the quarter was
$2.62​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Patrick Industries Inc shares had fallen by 12.9% this
quarter.
    * The company reported quarterly net income of $61.02
million.
    * Wall Street's median 12-month price target for Patrick
Industries Inc is $110.50 
    * 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." 

This summary was machine generated February 10 at 03:45 p.m.
 ​All figures in US dollars unless otherwise stated