20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Patrick Industries (NASDAQ:PATK) reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Patrick Industries beat estimated earnings by 62.14%, reporting an EPS of $4.54 versus an estimate of $2.8.
Revenue was up $491.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.64 which was followed by a 0.35% drop in the share price the next day.
Here's a look at Patrick Industries's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.98 | 2.02 | 1.83 | 1.32 |
| EPS Actual | 2.62 | 2.45 | 2.52 | 1.80 |
| Revenue Estimate | 1.01B | 963.33M | 872.64M | 740.71M |
| Revenue Actual | 1.15B | 1.06B | 1.02B | 850.48M |
To track all earnings releases for Patrick Industries visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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