Piper Jaffray Upgrades Patterson Companies (PDCO) to Overweight
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Patterson Companies Reports Fiscal 2016 First Quarter Operating Results
August 27, 2015 7:01 AM EDTSales from continuing operations totaled $1.1 billion, up 24 percent on a constant currency basis, reflecting the contribution from recently acquired Animal Health International, Inc. Adjusted earnings per diluted share from continuing operations1 totaled $0.47. This excludes earnings per share from discontinued operations of $0.10. Supported by stable-to-steadily improving consumables sales, dental segment sales rose 7 percent on a constant currency basis. Animal Health segment sales up 48 percent in constant currency, with $171.9 million from Animal Health International. Company updates adjusted earnings... More
