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

Patrick Industries

30/07/2026 21:18

Patrick Industries Inc PATK.OQ reported quarterly adjusted earnings of $1.29​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.50.  The mean expectation of ten analysts for the quarter was for earnings of $1.30 per share. Wall Street expected results to range from $1.07  to $1.70 per share.
Revenue fell 0.6% to $1.04 billion from a year ago; analysts expected $1.01 billion. 
Patrick Industries Inc's reported EPS for the quarter was $1.28​.
The company reported quarterly net income of $43.42 million.
Patrick Industries Inc shares had fallen by 3.5% this quarter and lost 20.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 15.2% in the last three months.​ 
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "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 $114.00, about 24% above its last closing price of $86.62
This summary was machine generated from LSEG data July 30 at 08:18 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 2026 
1.30
1.29
Missed
Mar. 31 2026 
1.04
1.10
Beat
Dec. 31 2025 
0.73
0.84
Beat
Sep. 30 2025 
0.94
1.01
Beat