Patterson Companies, Inc. (PDCO) Misses Q4 EPS by 5c; Guides FY15 EPS Below the Street

Patterson Companies, Inc. (NASDAQ: PDCO) reported Q4 EPS of $0.61, $0.05 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.13 billion.

“We were challenged by a tough macro environment in the fiscal fourth quarter,” said Scott Anderson, chairman and chief executive officer. “The impact of the severe winter weather and currency fluctuations combined to constrain our performance. However, as we entered the spring months, activity has normalized.”

Patterson Companies, Inc. sees FY2015 EPS of $2.20-$2.30, versus the consensus of $2.38. "We enter fiscal 2015 with a conservative view of our markets, due to the continued uncertainty in global economies. However, we are confident in our ability to execute in any economic environment. With a streamlined and more efficient organization, we believe we have positioned Patterson for the future."

For earnings history and earnings-related data on Patterson Companies, Inc. (PDCO) click here.

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