Healthcare distribution company Patterson Companies (NASDAQ:PDCO) is set to announce earnings results. Last quarter, the company missed revenue expectations by 3.7%, reporting revenues of $1.57 billion, down 2.7% year on year. Analysts have reconfirmed their estimates, anticipating the business to stay the course heading into earnings. Patterson Companies has missed Wall Street’s revenue estimates four times in the last two years. As the first among its peers to report earnings this season, investors are keeping a close eye on how this quarter will unfold for healthcare providers & services stocks. Share prices have remained steady leading up to earnings.
Read more at StockStory: Patterson Companies (PDCO) Q1 Earnings: What To Expect