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Patterson Companies Fiscal Q2 Adjusted Earnings Down, Sales Rise; Lowers Fiscal 2025 Adjusted EPS Guidance
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Patterson Companies Fiscal Q2 Adjusted Earnings Down, Sales Rise; Lowers Fiscal 2025 Adjusted EPS Guidance
Dec 5, 2024 5:23 AM

07:45 AM EST, 12/05/2024 (MT Newswires) -- Patterson Companies ( PDCO ) reported fiscal Q2 adjusted earnings Thursday of $0.47 per diluted share, down from $0.50 a year earlier.

A single analyst polled by FactSet expected $0.47.

Net sales for the fiscal quarter ended Oct. 26 was $1.67 billion, up from $1.65 billion a year earlier.

Analysts surveyed by FactSet expected $1.65 billion.

For fiscal 2025, the medical supply company said it now expects adjusted earnings of $2.25 to $2.35 per diluted share, lowering the previous guidance of $2.33 to $2.43. A single analyst polled by FactSet expects $2.33.

Shares of the company were down 2.3% in recent Thursday premarket activity.

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