Patrick Industries (PATK) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.29
- Estimate
- $1.24
- Surprise
- +4.4%
- Score at report (before → after)
- 5.8 → 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Patrick Industries (PATK) beat the $1.24 estimate with diluted EPS of $1.29 — a clear 4.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Sell at 5.7/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PATK Sell at 5.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +4.4% surprise compares with a +8.6% four-quarter average. Next scheduled report: 2026-10-29.
What argues against it
- Quality below floor (3.8 < 4.0)
- Momentum score 2.3/10 — below 4.5 minimum
- Death cross — 50-day MA below 200-day MA
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $83.41
- Price target
- $92.83
- Stop
- $79.36
- Upside to target
- +11.3%
- Reward-to-risk
- 1.5:1
The stock trades at 19.9× trailing but 15.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
PATK at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Recreational Vehicles
- Market cap
- $2.68B
- P/E (fwd)
- 15.6
- P/E (ttm)
- 19.9
- 52-week range
- $81.29–$148.50
- Off 52-week high
- 43.8%
- RSI (14)
- 50
- Volume vs avg
- 1.07×
- Score today
- 5.3/10