Patrick Industries Inc expected to post earnings of $1.85 a share - Earnings Preview

* Patrick Industries Inc is expected to show a rise in quarterly revenue when it reports results on October 31 for the period ending January 1 0001

* The Elkhart Indiana-based company is expected to report a 8.3% increase in revenue to $937.658 million from $866.07 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Net Revenues)

* ​LSEG's mean analyst estimate for Patrick Industries Inc is for earnings of $1.85 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Patrick Industries Inc is $147.50​, above​ its last closing price of $135.70. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 2.04 2.05 2.16 Beat 5.6

Mar. 31 2024 1.31 1.32 1.59 Beat 20.5

Dec. 31 2023 1.36 1.35 1.41 Beat 4.3​

Sep. 30 2023 1.72 1.75 1.84 Beat 5.1

​​Jun. 1.84 1.83 1.94 Beat 6.3

30 2023

Mar. 31 2023 1.16 1.14 1.35 Beat 18.6​

Dec. 31 2022 1.58 1.59 1.68 Beat 5.9

Sep. 30 2022 1.99 1.98 2.43 Beat 22.9

This summary was machine generated October 29 at 13:44 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)