Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Patrick Industries ($PATK)

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Patrick Industries (NASDAQ: PATK) has set the date for the release of its third quarter financial results on Thursday 31st October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.

Wall Street financial analysts are foreseeing that the company is likely to announce an estimated per share $1.84 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $937.66 million during the quarter.

When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $1.81. This results was derived from the company's total revenue, which reached an impressive $866.07 million during same quarter.

Wall street analysts expect the company to generate a total revenue of $3.75 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $7.11 per share for the fiscal year.

 

PATK will host a conference call with investment community on 31st October 2024 at 10:00 AM eastern time to discuss the financial results.

During Tuesday's trading, Patrick Industries (PATK) shares reached a low of $133.96 and a high of $136.85, along with a total volume of 102.80 thousand shares. The stock ended the regular trading session at $136.45, marking an increase of 0.55 percent.