Patterson Companies Q3 Profit Rises - Quick Facts

(RTTNews.com) - Patterson Companies, Inc. ( PDCO ) Thursday reported a rise in profit for the third quarter, helped mainly by higher revenues.

Net income for the quarter increased to $53.63 million or $0.52 per share, up from $53.11 million or $0.50 per share in the same period last year.

Revenues totaled $915.86 million, up from $895.03 million last year. Analysts' expected revenues of $907.54 million.

Gross margin improved to 32.8 percent from 32.3 percent last year.

Looking ahead to the fiscal year 2013, the company maintained its earnings guidance range of $2.00 to $2.06 per share. Analysts expect full-year earnings of $2.26 per share.

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