Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results

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Patrick Industries (PATK) Tops Q4 EPS by 12c, Revenues Beat

February 13, 2020 8:03 AM EST

Patrick Industries (NASDAQ: PATK) reported Q4 EPS of $0.86, $0.12 better than the analyst estimate of $0.74. Revenue for the quarter came in at $549.5 million versus the consensus estimate of $535.56 million.

Fourth Quarter 2019 Financial ResultsNet sales for the fourth quarter of 2019 increased $18.3 million, or 3%, to $549.5 million from $531.2 million in the same quarter of 2018. The increase in the fourth quarter was primarily attributable to industry growth in our housing and industrial markets, acquisitions, and market share gains, and was partially... More