Patrick Industries, Inc. Reports First Quarter 2021 Financial Results

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Go back to Patrick Industries, Inc. Reports First Quarter 2021 Financial Results

Patrick Industries (PATK) Tops Q1 EPS by 72c, Revenues Beat

April 29, 2021 8:18 AM EDT

Patrick Industries (NASDAQ: PATK) reported Q1 EPS of $2.04, $0.72 better than the analyst estimate of $1.32. Revenue for the quarter came in at $850.48 million versus the consensus estimate of $740.71 million.

"Momentum in our leisure lifestyle markets accelerated during the quarter, as the strength of both retail and wholesale shipments in the recreational vehicle and boating markets materially improved year over year," said Andy Nemeth, President and Chief Executive Officer. "The demand for outdoor recreation remains solid, in alignment with our view... More