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Patterson Reaffirms FY24 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) reaffirmed its earnings and adjusted earnings guidance for the full-year 2024.
For fiscal 2024, the company still projects earnings in a range of $2.14 to $2.24 per share and adjusted earnings in a range of $2.45 to $2.55 per share.
On average, 13 analysts polled by Thomson Reuters expect the company to report earnings of $2.50 per share for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
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Patterson Trims FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.
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Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO
Patterson Companies, Inc. (PDCO) announced Thursday enhancements to its executive leadership team to further support the execution of its strategy. Kevin Barry, most recently the Company's Interim Chief Financial Officer, has been named Chief Financial Officer, and Kevin Pohlman, most recently President of Patterson Animal Health, has been named Chief Operating Officer.
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Patterson Cos. Inc. (PDCO) reported Thursday that second-quarter net income attributable to the company grew to $54.07 million or $0.55 per share from $48.33 million or $0.49 per share in the prior-year quarter.
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Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO
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Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
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