Patterson Companies Inc. (PDCO) revealed earnings for second quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $26.77 million, or $0.30 per share. This compares with $39.96 million, or $0.42 per share, in last year's second quarter.
Excluding items, Patterson Companies Inc. reported adjusted earnings of $41.83 million or $0.47 per share for the period.
Analysts on average had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.3% to $1.674 billion from $1.652 billion last year.
Patterson Companies Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $26.77 Mln. vs. $39.96 Mln. last year.-EPS (Q2): $0.30 vs. $0.42 last year.-Revenue (Q2): $1.674 Bln vs. $1.652 Bln last year.
-Guidance:Full year EPS guidance: $2.25 to $2.35
For comments and feedback contact: editorial@rttnews.com
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.