Patrick Industries, Inc. Reports Second Quarter 2020 Financial Results
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Patrick Industries (PATK) Tops Q2 EPS by 13c, Revenues Beat
July 30, 2020 8:07 AM EDTPatrick Industries (NASDAQ: PATK) reported Q2 EPS of $0.03, $0.13 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $424.05 million versus the consensus estimate of $410.42 million.
"We are pleased with our operating and financial performance during the second quarter and the tremendous flexibility and adaptability of our team as we navigated significant uncertainty and production shutdowns in both our leisure lifestyle and housing and industrial markets," said Andy Nemeth, President and Chief Executive Officer. "In particular, the RV industry experienced a five-week production shutdown, while various marine OEMs had... More
