Investing.com - Patterson reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Patterson announced earnings per share of $0.38 on revenue of $1.56B. Analysts polled by Investing.com anticipated EPS of $0.5137 on revenue of $1.52B.
Patterson shares are up 18% from the beginning of the year, still down 5.72% from its 52 week high of $37.25 set on June 17. They are outperforming the Nasdaq which is up 10.59% from the start of the year.
Patterson follows other major Healthcare sector earnings this month
Patterson's report follows an earnings beat by Medtronic on May 27, who reported EPS of $1.5 on revenue of $8.19B, compared to forecasts EPS of $1.42 on revenue of $8.14B.
Veeva Systems A had beat expectations on May 27 with first quarter EPS of $0.91 on revenue of $433.57M, compared to forecast for EPS of $0.7809 on revenue of $410.07M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar