Yahoo Finance Patterson Companies Full Year 2024 Earnings: In Line With Expectations
Patterson Companies (NASDAQ:PDCO) Full Year 2024 Results
Key Financial Results
Revenue: US$6.57b (up 1.5% from FY 2023).
Net income: US$185.9m (down 10% from FY 2023).
Profit margin: 2.8% (down from 3.2% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: US$2.00 (down from US$2.14 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Patterson Companies Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Healthcare industry in the US.
Performance of the American Healthcare industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Be aware that Patterson Companies is showing 3 warning signs in our investment analysis and 2 of those shouldn't be ignored...
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