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Patterson Companies (PDCO) Q1 Earnings: What To Expect

PDCO Cover Image

Healthcare distribution company Patterson Companies (NASDAQ: PDCO). is expected to be announcing earnings results this Tuesday morning. Here’s what to look for.

Patterson Companies missed analysts’ revenue expectations by 3.7% last quarter, reporting revenues of $1.57 billion, down 2.7% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EPS estimates.

Is Patterson Companies a buy or sell going into earnings? Read our full analysis here, it’s free.

Patterson Companies Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Patterson Companies has missed Wall Street’s revenue estimates four times over the last two years.

With Patterson Companies being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for healthcare providers & services stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. during the same time.

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