NASDAQ$PATK

Patrick Industries Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

PATK Q2 2024 — $1.0M revenue, 2.20 EPS

Company’s financial position as of June 30, 2024 and December 31, 2023, its results of operations for the second quarter and six months ended June 30, 2024 and July 2, 2023, and its c. Patrick Industries Inc reported Q2 2024 results. Diluted EPS came in at $2.20. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.0M.
  • Diluted EPS: $2.20.
  • Operating income: $85K.
  • Gross profit: $231K.

Headline financials

Total Revenue

$1.02B

Previous: $921M+10.4%
EPS (adj)

$1.44

Previous: $1.29+11.6%
Capital Expenditures

-$32.4M

Previous: -$36.5M+11.2%
Free Cash Flow

$15.5M

Previous: $5.87M+163.8%
Net Income

$47.9M

Previous: $42.4M+13.0%
Operating Income

$84.7M

Previous: $75.6M+12.1%
Gross Profit

$231M

Previous: $210M+10.2%
Cash & Equivalents

$44M

Previous: $33.9M+29.6%
Total Assets

$3B

Previous: $2.71B+11.0%
Stock-Based Comp

$4.28M

Previous: $2.7M+58.4%

Revenue & EPS history

Patrick Industries · Revenue · Quarterly

$1.02B

Q2 2024+10.4%vs Q2 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+1.4%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+0.5%

Avg return

30 days after

57%

37 / 65 earnings

Positive

+20.6%

Q4 2014

Best reaction

-14.5%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-1.7%-11.4%
Q4 2025+4.4%+5.8%-14.0%
Q3 2025+1.9%+6.1%+9.4%
Q1 2025+6.0%+6.2%+11.5%
Q4 2024-2.7%-4.1%-9.6%
Q3 2024-13.6%-11.6%+0.3%
Q2 2024-4.8%-5.4%+0.9%
Q1 2024+6.8%+9.7%+10.1%
Q4 2023+6.5%+3.4%+8.4%
Q3 2023+0.0%+4.8%+18.2%
Q2 2023+2.2%+2.4%-4.8%
Q1 2023+6.3%+5.0%+9.6%
Q4 2022+1.5%+2.3%-5.5%
Q3 2022+2.3%+2.2%+19.4%
Q2 2022+3.0%-4.3%-3.9%
Q1 2022+3.6%+12.3%-2.0%
Q4 2021-2.4%+3.1%+10.3%
Q3 2021+0.7%+1.6%+2.5%
Q2 2021+4.3%+6.5%+9.0%
Q1 2021-7.5%-3.3%-11.5%
Q4 2020-0.3%-1.9%+13.2%
Q3 2020-2.0%+7.8%+13.4%
Q2 2020-8.2%-7.0%-14.6%
Q1 2020-10.7%-5.4%+20.7%
Q4 2019+5.2%+5.4%-42.5%
Q3 2019+0.6%+5.3%+8.0%
Q2 2019+1.0%-0.3%-22.3%
Q1 2019-6.3%-10.0%-20.7%
Q4 2018+10.3%+10.7%+5.9%
Q3 2018-6.9%-4.5%-11.0%
Q2 2018+5.7%+8.7%+12.5%
Q1 2018+8.8%+7.8%+11.0%
Q4 2017+2.5%-1.3%+4.0%
Q3 2017+8.7%+10.1%+12.4%
Q2 2017-2.3%-0.4%-9.3%
Q1 2017+1.9%+7.3%-6.8%
Q4 2016-7.0%-6.2%-16.9%
Q3 2016-3.2%-5.4%+19.5%
Q2 2016-0.9%-2.3%-2.9%
Q1 2016-6.4%
Q4 2015+13.6%
Q3 2015-14.5%
Q2 2015-0.8%
Q1 2015-2.8%
Q4 2014+20.6%
Q3 2014+4.8%
Q2 2014-3.0%
Q1 2014-1.6%
Q4 2013+16.6%
Q3 2013+5.6%
Q2 2013+6.7%
Q1 2013+13.9%
Q4 2009-1.5%
Q4 2012-12.7%
Q3 2012-8.5%
Q2 2012+4.0%
Q1 2011+8.2%
Q1 2012+6.9%
Q4 2011+2.3%
Q3 2011+10.2%
Q3 2010+10.2%
Q2 2010-0.5%
Q2 2011-0.5%
Q4 2010-0.5%
Q1 2010+5.6%

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