Patterson Companies Reports Fiscal 2021 Second-Quarter Operating Results

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Patterson Cos. (PDCO) Tops Q2 EPS by 25c, Revenues Beat

December 2, 2020 7:01 AM EST

Patterson Cos. (NASDAQ: PDCO) reported Q2 EPS of $0.63, $0.25 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.41 billion.

Reported net sales increased 9.5 percent year-over-year to $1.55 billion, and internal sales increased 9.0 percent.Adjusted operating margin increased by 130 bps to 5.3 percent.Dental segment internal sales increased 12.1 percent driven by strong sales growth across consumables, equipment and... More