What To Expect From Patterson Companies, Inc. ($PDCO) 2Q21 Earnings

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Patterson Companies, Inc. (NASDAQ:PDCO) is set to announce second quarter earning results on Wednesday 2nd December 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, PDCO to report 2Q21 income of $ 0.38 per share.

For the full year, analysts anticipate top line of $ 5511.69 million, while looking forward to income of $ 1.58 per share bottom line.

Previous Quarter Performance

Patterson Companies, Inc. outlined income for the first quarter of $ 0.33 per share, from the revenue of $ 1,246.00 million. The quarterly earnings up 22.22 percent while revenues dropped 6.22 percent compared with the same quarter last year.
According to street consensus, PDCO was expected to report 1Q21 income of $ 0.23 per share from revenue of $ 1182.89 million. The bottom line results beat street analysts by $ 0.1 or 43.48 percent, at the same time, top line results outshined analysts by $ 63.11 million or 5.34 percent.

Stock Performance

Shares of Patterson Companies, Inc. traded low $ -0.06 or -0.22 percent on Tuesday, reaching $ 27.70 with volume of 896.50 thousand shares. Patterson Companies, Inc. has traded high as $ 28.41 and has cracked $ 27.19 on the downward trend

According to the previous trading day, closing price of $ 27.70, representing a 114.69 % increase from the 52 week low of $ 12.93 and a 8.62 % decrease over the 52 week high of $ 30.38.

The company has a market capital of $ 2.67 billion and is part of the Healthcare sector and Medical Distribution industry.

Conference Call

Patterson Companies, Inc. will be hosting a conference call at 10:00 AM eastern time on 2nd December 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pattersoncompanies.com

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through Dental and Animal Health segments.