PDCO Stock Falls on Q1 Earnings & Sales Miss, Gross Margin Up Y/Y
PDCOPatterson panies(PDCO) ZACKS·2024-08-28 22:57

Patterson Companies, Inc. (PDCO) reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of 24 cents, which missed the Zacks Consensus Estimate of 32 cents by 25%. The bottom line also declined 40% from the prior-year quarter’s level.GAAP EPS in the quarter was 15 cents, down 53.1% from the bottom line recorded in the year-ago period.PDCO’s Revenue DetailsNet sales in the quarter were $1.54 billion, which missed the Zacks Consensus Estimate by 3.8%. The top line declined 2.2% year over year. In ...