Patrick Industries: Q1 Earnings Snapshot

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported first-quarter earnings of $30.2 million. On a per-sha...

April 27, 2023
3:06 PM

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported first-quarter earnings of $30.2 million. On a per-share basis, the Elkhart, Indiana-based company said it had profit of $1.35. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share. The building products manufacturer posted revenue of $900.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $831.

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