Patterson Companies Earnings Preview: Get Ahead of the Analysts
Patterson Companies (NASDAQ:PDCO) will report earnings before markets open on Thursday, May 23rd. Patterson Companies Inc. distributes dental products, veterinary supplies for companion pets, and rehabilitation supplies. The Company sells and markets to dental clinics and laboratories, veterinarians, and to the physical and occupational therapy markets.
Here is your Cheat Sheet to Patterson Companies Earnings:
Earnings Expectations: Analysts expect earnings of $0.62 per share on revenues of $969.44 million. Currently, the company’s P/E ratio stands at 19.37.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.52 to a profit $0.51. For the current year, the average estimate is a profit of $2.03, which is the same as the estimate ninety days ago.
Here’s how Patterson Companies has been performing on an annual basis:
|Revenue ($) in millions||3,094||3,237||3,416||3,536|
|Diluted EPS ($)||1.69||1.78||1.89||1.92|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||936.33||889.22||867.19||915.86|
|Diluted EPS ($)||0.58||0.45||0.44||0.52|
Patterson Companies has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)