Patrick Industries: Q4 Earnings Insights

Patrick Industries PATK reported its Q4 earnings results on Thursday, February 8, 2024 at 08:00 AM.

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

Earnings

Patrick Industries beat estimated earnings by 10.37%, reporting an EPS of $1.49 versus an estimate of $1.35.

Revenue was down $170.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 1.08% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.75 1.83 1.24 1.59
EPS Actual 1.81 1.94 1.35 1.68
Revenue Estimate 835.64M 944.56M 845.66M 931.77M
Revenue Actual 866.07M 920.68M 900.10M 951.91M

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.

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