Patterson Companies: Q4 Earnings Insights

Shares of Patterson Companies PDCO fell 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 16.22% over the past year to $0.43, which beat the estimate of $0.20.

Revenue of $1,286,000,000 declined by 10.51% from the same period last year, which beat the estimate of $1,280,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Patterson Companies hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jun 24, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/wcc/r/2157458/83A1CB2784917BAC62788E4F645EA92C

Technicals

52-week high: $25.70

Company's 52-week low was at $12.93

Price action over last quarter: down 11.73%

Company Profile

Patterson 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.