Recap: Patrick Industries Q3 Earnings

Patrick Industries PATK reported its Q3 earnings results on Thursday, October 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Patrick Industries beat estimated earnings by 22.73%, reporting an EPS of $2.43 versus an estimate of $1.98.

Revenue was up $52.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.26 which was followed by a 0.36% drop in the share price the next day.

Here's a look at Patrick Industries's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.53 2.80 1.98 2.02
EPS Actual 4.79 4.54 2.62 2.45
Revenue Estimate 1.26B 1.18B 1.01B 963.33M
Revenue Actual 1.48B 1.34B 1.15B 1.06B

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.

Posted In: BZI-RecapsEarnings