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

Patrick Industries

28/04/2022 14:31

* Patrick Industries Inc  PATK.OQ  reported quarterly
adjusted
earnings of $4.54​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of $2.80 per share.
    * Revenue rose 57.8% to $1.34 billion from a year ago; 
analysts
expected $1.18 billion. 
    * Patrick Industries Inc's reported EPS for the quarter was
$4.53​.
    * The mean earnings estimate of analysts had risen by
about 28.1%
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 0.3% this
quarter and lost 25.5% so far this year.
    * The company reported quarterly net income of $112.67
million.
    * Wall Street's median 12-month price target for Patrick
Industries Inc is $90.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated April 28 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated