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Patria Investments: Q1 Earnings Insights

Nasdaq Pax

Patria Investments (NASDAQ:PAX) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Patria Investments beat estimated earnings by 33.33%, reporting an EPS of $0.24 versus an estimate of $0.18.

Revenue was up $24.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.59% drop in the share price the next day.

Here's a look at Patria Investments's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.19	0.150	0.120	0.130
EPS Actual	0.19	0.165	0.545	0.125
Revenue Estimate	40.95M	36.49M	31.69M	30.85M
Revenue Actual	46.20M	37.40M	32.20M	30.60M

To track all earnings releases for Patria Investments visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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