ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported first-quarter net income of $38.2 million.
On a per-share basis, the Elkhart, Indiana-based company said it had net income of $1.11.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.
The building products manufacturer posted revenue of $1 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $963.8 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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