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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. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook
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
Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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European Stocks Close Weak
European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
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Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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