Pool Corp Q2 Revenue Rises 2.1% to $1.82B, Guides FY EPS $10.87-$11.17
POOL sits 20% above its 52-week low of $172.68.
Summary
Pool Corp reported Q2 revenue of $1.822 billion, up 2.1% year-over-year, with adjusted EPS of $5.38. GAAP net income fell to $188.08 million from $194.25 million, but EPS held at $5.17 due to share repurchases. The company issued full-year EPS guidance of $10.87 to $11.17, providing a concrete outlook for the first time since the CEO transition in May. The stock rose 8.3% in after-hours trading following the report.
At the time of this announcement, POOL was trading at $207.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $172.68 to $345.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.