Patterson Cos.’ stock soars 10% premarket after earnings blow past estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Patterson Cos. Inc.’s stock soared 10% premarket Wednesday, after the maker of dental and animal care products blew past estimates for its fiscal fourth...

Patterson Cos. Inc.’s stock PDCO soared 10% premarket Wednesday, after the maker of dental and animal care products blew past estimates for its fiscal fourth quarter and offered upbeat guidance. St. Paul, Minn.-based Patterson posted net income of $75 million, or 77 cents a share, for the quarter to April 29, up from $63.9 million, or 65 cents a share, in the year-earlier period. Adjusted per-share earnings came to 84 cents, well ahead of the 70 cent FactSet consensus. Sales rose 5% to $1.

’s stock PDCO soared 10% premarket Wednesday, after the maker of dental and animal care products blew past estimates for its fiscal fourth quarter and offered upbeat guidance. St. Paul, Minn.-based Patterson posted net income of $75 million, or 77 cents a share, for the quarter to April 29, up from $63.9 million, or 65 cents a share, in the year-earlier period. Adjusted per-share earnings came to 84 cents, well ahead of the 70 cent FactSet consensus. Sales rose 5% to $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines