Patterson Companies (NASDAQ:PDCO) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided EPS guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.43. Patterson Companies also updated its FY19 guidance to $1.40-1.50 EPS.
Shares of Patterson Companies stock opened at $22.87 on Friday. Patterson Companies has a one year low of $20.22 and a one year high of $38.52. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.76. The stock has a market cap of $2.19 billion, a P/E ratio of 13.61, a price-to-earnings-growth ratio of 3.18 and a beta of 1.05.
Patterson Companies (NASDAQ:PDCO) last announced its earnings results on Thursday, December 6th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. Patterson Companies had a return on equity of 8.78% and a net margin of 2.80%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the company earned $0.51 EPS. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. Equities research analysts expect that Patterson Companies will post 1.42 earnings per share for the current fiscal year.
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About Patterson Companies
Patterson Companies, Inc distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through Dental and Animal Health segments. The company's Dental segment offers consumable products, such as infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; patient education systems; and office forms and stationery.
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