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

Patrick Industries

28/10/2021 14:35

* Patrick Industries Inc  PATK.OQ  reported quarterly adjusted
earnings of $2.45​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $2.03 per share.
* Revenue rose 51.3% to $1.06 billion from a year ago;  analysts
expected $963.33 million. 
* The mean earnings estimate of analysts had risen by about 5.5%
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 7.1% this
quarter and gained 13.2% so far this year.
* The company reported quarterly net income of $57.4 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 October 28 at 01:35 p.m.
 ​All figures in US dollars unless otherwise stated