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Patrick Industries Q3 EPS $2.45 Beats $2.02 Estimate, Sales $1.06B Beat $963.33M Estimate

Patrick Industries (NASDAQ:PATK) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.02 by 21.29 percent. This is a 51.23 percent increase over earnings of $1.62 per share from
byBenzinga Newsdesk
October 28, 2021
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Patrick Industries (NASDAQ:PATK) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.02 by 21.29 percent. This is a 51.23 percent increase over earnings of $1.62 per share from the same period last year. The company reported quarterly sales of $1.06 billion which beat the analyst consensus estimate of $963.33 million by 10.03 percent. This is a 51.28 percent increase over sales of $700.71 million the same period last year.

 
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Sanofi Shares Up 1% Premarket; Co on Sunday Announced it Will Not Bid for Horizon Therapeutics

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Sanofi S.A. ("Sanofi") regularly evaluates a wide variety of business development opportunities and this has included the evaluation of a possible transaction involving Horizon. As transaction price expectations do not meet our value creation criteria, Sanofi announces it is no longer in discussions with Horizon and it does not intend to make an offer for Horizon.

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