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Recap: Patrick Industries Q2 Earnings

  Patrick Industries (NASDAQ:PATK) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 08:46

 

Patrick Industries (NASDAQ:PATK) reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Patrick Industries beat estimated earnings by 35.69%, reporting an EPS of $4.79 versus an estimate of $3.53.

Revenue was up $455.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.74 which was followed by a 1.39% drop in the share price the next day.

Here's a look at Patrick Industries's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.80 1.98 2.02 1.83
EPS Actual 4.54 2.62 2.45 2.52
Revenue Estimate 1.18B 1.01B 963.33M 872.64M
Revenue Actual 1.34B 1.15B 1.06B 1.02B

To track all earnings releases for Patrick Industries VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.