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 1.54billion,down2.21.54 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 earnings ...