Patrick Industries: Q2 Earnings Snapshot
ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported second-quarter profit of $42.4 million.
The Elkhart, Indiana-based company said it had profit of $1.94 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share.
The building products manufacturer posted revenue of $920.7 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $979.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PATK at https://www.zacks.com/ap/PATK