Investing.com - Patterson reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Patterson announced earnings per share of $0.55 on revenue of $1.596B. Analysts polled by Investing.com anticipated EPS of $0.5002 on revenue of $1.63B.
Patterson shares are down 0% from the beginning of the year, still down 21.02% from its 52 week high of $37.25 set on June 17, 2021. They are outperforming the Nasdaq which is down 13.5% from the start of the year.
Patterson follows other major Healthcare sector earnings this month
Patterson's report follows an earnings matched by Roche Holding ADR on February 3, who reported EPS of $1.29 on revenue of $17.54B, compared to forecasts EPS of $1.29 on revenue of $17.1B.
AbbVie had beat expectations on February 2 with fourth quarter EPS of $3.31 on revenue of $14.89B, compared to forecast for EPS of $3.28 on revenue of $14.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar