The latest earnings report published by specialty healthcare company Patterson Companies (NASDAQ: PDCO) impressed not only investors, but also pundits following the stock. On that wave of optimism the company's share price was up by nearly 10% week to date early Friday morning, according to data compiled by S&P Global Market Intelligence.

On Wednesday, Patterson published the figures for its fourth quarter of fiscal 2023, ended April 29. The company managed to grow its net sales 5% on a year-over-year basis to $1.72 billion. On the bottom line, it netted a non-GAAP (adjusted) profit of $82.4 million, or $0.84 per share. That compared quite favorably to the fourth-quarter 2022 result of just under $70.4 million.

It also blew past the average analyst estimate, which was $0.70 per share. Meanwhile, Patterson's net sales figure exceeded the consensus of $1.66 billion.

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Source Fool.com