Patrick Industries: Q1 Earnings Snapshot

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported first-quarter earnings of $30.2 million.

On a per-share basis, the Elkhart, Indiana-based company said it had profit of $1.35.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.

The building products manufacturer posted revenue of $900.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $831.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PATK at https://www.zacks.com/ap/PATK

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