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Patterson Companies Inc. (PDCO) released a profit for its third quarter that climbed from last year.


RTTNews | Mar 3, 2021 07:06AM EST

07:05 Wednesday, March 3, 2021 (RTTNews.com) - Patterson Companies Inc. (PDCO) released a profit for its third quarter that climbed from last year.

The company's profit came in at $48.76 million, or $0.50 per share. This compares with $23.23 million, or $0.24 per share, in last year's third quarter.

Excluding items, Patterson Companies Inc. reported adjusted earnings of $55.80 million or $0.58 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.2% to $1.55 billion from $1.46 billion last year.

Patterson Companies Inc. earnings at a glance:

-Earnings (Q3): $55.80 Mln. vs. $44.53 Mln. last year.-EPS (Q3): $0.58 vs. $0.47 last year.-Analysts Estimate: $0.51-Revenue (Q3): $1.55 Bln vs. $1.46 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3174543/patterson-companies-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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