Patterson Reaffirms FY24 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) reaffirmed its earnings and adjusted earnings guidance for the full-year 2024.
For fiscal 2024, the company still projects earnings in a range of $2.14 to $2.24 per share and adjusted earnings in a range of $2.45 to $2.55 per share.
On average, 13 analysts polled by Thomson Reuters expect the company to report earnings of $2.50 per share for the year. Analysts' estimates typically exclude special items.
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Patterson Trims FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.
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Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO
Patterson Companies, Inc. (PDCO) announced Thursday enhancements to its executive leadership team to further support the execution of its strategy. Kevin Barry, most recently the Company's Interim Chief Financial Officer, has been named Chief Financial Officer, and Kevin Pohlman, most recently President of Patterson Animal Health, has been named Chief Operating Officer.
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Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook
Patterson Cos. Inc. (PDCO) reported Thursday that second-quarter net income attributable to the company grew to $54.07 million or $0.55 per share from $48.33 million or $0.49 per share in the prior-year quarter.
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Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO
Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.
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Canadian Market Remains Weak Despite Coming Off Early Lows
After plunging nearly 800 points or more than 3% in early trades on Monday, the Canadian market has staged a good recovery, but still remains firmly down in negative territory with several stocks from industrials, consumer discretionary and financials sectors reeling under sustained selling pressure.
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Swiss Market Ends Modestly Lower
The Switzerland market closed weak on Monday although the downside was much less pronounced than the losses posted by most of the major markets in the European region.
The weakness in the market was due to rising fears of a global trade war after the U.S. President Donald Trump imposed tariffs on Canada, Mexico and China and warned that the EU and the UK could be next in line for the levy.
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European Stocks Close Notably Lower On Trade War Fears
European stocks closed notably lower on Monday, as imposition of punitive tariffs by the U.S. President Donald Trump on Canada, Mexico and China and his warning that the European Union and the UK could be the next target for the levies triggered a sell-off across the board.
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Pound Advances Against Majors
The pound firmed against its major counterparts in the New York session on Monday.
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