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

Patrick Industries

28/07/2022 21:38

* Patrick Industries Inc  PATK.OQ  reported quarterly
adjusted
earnings of $5.31​​ per share for the quarter ended in June. The
mean expectation of six analysts for the quarter was
for earnings of $3.53 per share.
    * Revenue rose 44.7% to $1.48 billion from a year ago;
analysts
expected $1.26 billion. 
    * Patrick Industries Inc's reported EPS for the quarter was
$4.79​.
    * The mean earnings estimate of analysts had risen by
about 9.6%
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 13.8% this
quarter and lost 26.9% so far this year.
    * The company reported quarterly net income of $117.01
million.
    * Wall Street's median 12-month price target for Patrick
Industries Inc is $84.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 08:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      3.53           5.31           Beat
 Mar. 31 2022      2.80           4.93           Beat
 Dec. 31 2021      1.98           2.62           Beat
 Sep. 30 2021      2.03           2.45           Beat