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Patrick Industries (PATK) Reports Q1 Earnings: What Key Metrics Have to Say
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Patrick Industries (PATK - Free Report) reported $997.17 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 0.6%. EPS of $1.10 for the same period compares to $1.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of -0.83%. The company delivered an EPS surprise of +2.16%, with the consensus EPS estimate being $1.08.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Patrick Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales by Market type- Recreational Vehicle: $446 million versus $479.67 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.9% change.
Net Sales by Market type- Marine: $170 million versus the three-analyst average estimate of $153.3 million. The reported number represents a year-over-year change of +14.1%.
Net Sales by Market type- Powersports: $104 million versus $85.63 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +28.5% change.
Net Sales by Market type- Housing: $277 million compared to the $290.5 million average estimate based on two analysts.
Shares of Patrick Industries have returned -17.4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Patrick Industries (PATK) Reports Q1 Earnings: What Key Metrics Have to Say
Patrick Industries (PATK - Free Report) reported $997.17 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 0.6%. EPS of $1.10 for the same period compares to $1.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of -0.83%. The company delivered an EPS surprise of +2.16%, with the consensus EPS estimate being $1.08.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Patrick Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Patrick Industries here>>>
Shares of Patrick Industries have returned -17.4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.