Why Patterson Companies Stock Is Plunging Today
PDCOPatterson panies(PDCO) The Motley Fool·2024-08-28 23:59

Investors didn't like the dental and animal health company's fiscal 2025 Q1 update. Shares of Patterson Companies (PDCO -14.56%) were plunging 15.1% as of 11:09 a.m. ET on Wednesday. The steep decline came after the dental and animal health company announced its fiscal 2025 first-quarter results before the market opened. Patterson reported Q1 revenue of $1.54 billion, down 2.2% year over year. The average estimate among analysts surveyed by LSEG was for revenue of $1.59 billion. The company posted Q1 earnin ...