Patrick Industries Inc reports results for the quarter ended June 30 - Earnings Summary

Patrick Industries

31/07/2025 14:32

Patrick Industries Inc PATK.OQ reported quarterly adjusted earnings of $1.50​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.44.  The mean expectation of seven analysts for the quarter was for earnings of $1.40 per share. Wall Street expected results to range from $1.16  to $1.68 per share.

Revenue rose 3% to $1.05 billion from a year ago; analysts expected $1.03 billion.

Patrick Industries Inc's reported EPS for the quarter was 96 cents​.

The company reported quarterly net income of $32.44 million.

Patrick Industries Inc shares had risen by 9.6% this quarter and gained 21.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen 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.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Patrick Industries Inc is $100.00, about 1.1% below its last closing price of $101.10

This summary was machine generated from LSEG data July 31 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.40
1.50
Beat
Mar. 31 2025
0.98
1.11
Beat
Dec. 31 2024
0.51
0.42
Missed
Sep. 30 2024
1.22
1.20
Missed