Patterson Companies Inc. (PDCO) announced earnings for third quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $31.26 million, or $0.35 per share. This compares with $47.70 million, or $0.52 per share, last year.
Excluding items, Patterson Companies Inc. reported adjusted earnings of $38.67 million or $0.43 per share for the period.
Analysts on average had expected the company to earn $0.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.7% to $1.572 billion from $1.616 billion last year.
Patterson Companies Inc. earnings at a glance (GAAP) :
-Earnings: $31.26 Mln. vs. $47.70 Mln. last year.-EPS: $0.35 vs. $0.52 last year.-Revenue: $1.572 Bln vs. $1.616 Bln last year.
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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.