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Pool Corp.: 2Q Earnings Snapshot

July 18, 2019

COVINGTON, La. (AP) _ Pool Corp. (POOL) on Thursday reported second-quarter profit of $131.4 million.

On a per-share basis, the Covington, Louisiana-based company said it had profit of $3.22.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.21 per share.

The distributor of supplies for swimming pools posted revenue of $1.12 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $1.16 billion.

Pool Corp. expects full-year earnings to be $6.09 to $6.34 per share.

Pool Corp. shares have risen 24% since the beginning of the year. The stock has climbed 17% in the last 12 months.


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

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