Investing.com - Patterson reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Patterson announced earnings per share of $0.43 on revenue of $1.61B. Analysts polled by Investing.com anticipated EPS of $0.3726 on revenue of $1.45B.
Patterson shares are up 1% from the beginning of the year, still down 19.17% from its 52 week high of $37.25 set on June 17. They are under-performing the Nasdaq which is up 18.79% from the start of the year.
Patterson follows other major Healthcare sector earnings this month
Patterson's report follows an earnings beat by Novo Nordisk ADR on August 4, who reported EPS of $0.8379 on revenue of $5.26B, compared to forecasts EPS of $0.7823 on revenue of $5.16B.
Medtronic had beat expectations on August 24 with first quarter EPS of $1.41 on revenue of $7.99B, compared to forecast for EPS of $1.32 on revenue of $7.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar