Skip to main content

Patrick Industries: Q1 Earnings Snapshot

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Patrick Industries Inc. (PATK) on Thursday reported first-quarter earnings of $39.5 million.

On a per-share basis, the Elkhart, Indiana-based company said it had net income of $1.10.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The building products manufacturer posted revenue of $997.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.01 billion.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story