Pattern Group: Q2 Earnings Snapshot

LEHI, Utah (AP) — LEHI, Utah (AP) — Pattern Group Inc (PTRN) on Wednesday reported second-quarter earnings of $27.5 million.

On a per-share basis, the Lehi, Utah-based company said it had profit of 15 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The consumer e-commerce site posted revenue of $876.8 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $816.6 million.

For the current quarter ending in September, Pattern Group said it expects revenue in the range of $840 million to $860 million.

The company expects full-year revenue in the range of $3.42 billion to $3.46 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PTRN at https://www.zacks.com/ap/PTRN