Patterson Companies Inc. Reveals 35% Advance In Q3 Earnings

(RTTNews) - Patterson Companies Inc. (PDCO) reported earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $65.14 million, or $0.68 per share. This was higher than $48.36 million, or $0.49 per share, in last year's third quarter.

The company said revenue for the quarter rose 45.8% to $1.40 billion. This was up from $0.96 billion last year.

Patterson Companies Inc. earnings at a glance:

-Earnings (Q3): $65.14 Mln. vs. $48.36 Mln. last year. -Earnings Growth (Y-o-Y): 34.7% -EPS (Q3): $0.68 vs. $0.49 last year. -EPS Growth (Y-o-Y): 38.8% -Revenue (Q3): $1.40 Bln vs. $0.96 Bln last year. -Revenue Change (Y-o-Y): 45.8%

-Guidance: Full year EPS guidance: $2.42 to $2.48