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

Patrick Industries

29/07/2021 14:31

* Patrick Industries Inc  PATK.OQ  reported quarterly adjusted
earnings of $2.52​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $1.83 per share.
* Revenue rose 140.5% to $1.02 billion from a year ago; 
analysts expected $872.64 million. 
* The mean earnings estimate of analysts had risen by
about 13.2% 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 risen by 8.5% this
quarter and gained 15.9% so far this year.
* The company reported quarterly net income of $58.99 million.
* Wall Street's median 12-month price target for Patrick
Industries Inc is $109.50 
* 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 July 29 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated