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Patterson Cos. (PDCO) Tops Q3 EPS by 7c, Revenues Beat

March 3, 2021 7:02 AM

Patterson Cos. (NASDAQ: PDCO) reported Q3 EPS of $0.58, $0.07 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.5 billion.

“Patterson’s third quarter results demonstrate the continued focus and dedication of our team to help drive the success of our customers as we navigate the ongoing disruption of the pandemic,” said Mark Walchirk, President and CEO of Patterson Companies. “Our commitment to strong execution and operational excellence, combined with our ongoing investments to broaden and enhance our value proposition, has enabled us to build additional momentum across our entire business – including increased sales and margin expansion in both our Dental and Animal Health segments during the third quarter.

“We grew adjusted EPS by 23 percent through the continued focus on improving our performance and creating value for our shareholders. Looking ahead, we remain confident about our strengthened position in each of our end markets and in Patterson's long-term value creation potential.”

For earnings history and earnings-related data on Patterson Cos. (PDCO) click here.

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