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Shares of Patterson Companies (NASDAQ:PDCO) rose 1.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share increased 22.22% year over year to $0.33, which beat the estimate of $0.23.
Revenue of $1,246,000,000 decreased by 6.22% year over year, which beat the estimate of $1,180,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Sep 03, 2020
Time: 10:00 AM
Technicals
52-week high: $30.38
52-week low: $12.93
Price action over last quarter: Up 35.07%
Company Description
Patterson Companies Inc is a leading distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental and Patterson Animal Health. The firm offers dental and veterinary practice management products, including office software products, technical, financial, and educational services, primarily to two highly fragmented market segments throughout the U.S. and Canada. The company began as a dental distributor in 1877 and expanded to become a major supplier of animal health products to vets and production companies through an acquisition of Animal Health International in 2015. Patterson also has a presence in the U.K. animal health market.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.