Patterson Companies missed Q3 EPS and revenue expectations, updating FY24 guidance to $2.30-2.35 EPS.

Patterson Companies (NASDAQ:PDCO) missed Q3 earnings expectations by $0.01 EPS, with $0.59 reported versus $0.60 consensus estimates. The firm had revenue of $1.62bn, compared to the consensus estimate of $1.63bn. Patterson Companies updated its FY24 guidance to $2.30-2.35 EPS and its FY 2024 guidance to 2.300-2.350 EPS. The company's stock traded down $2.65 during midday trading on Wednesday, hitting $26.19.

February 28, 2024
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