Pool Corp. Reports Earnings Beat in Q4
Pool Corp. (POOL) announced fourth-quarter earnings of $37.3 million on Thursday, exceeding analyst expectations. Adjusted earnings per share reached 97 cents, outperforming the 91-cent consensus estimate from six analysts surveyed by Zacks Investment Research.
Revenue for the period was $987.5 million, also surpassing Wall Street forecasts of $952.8 million, based on estimates from five Zacks-surveyed analysts.
For the full year, Pool Corp. recorded a profit of $434.3 million or $11.30 per share, on revenue of $5.31 billion.
Looking ahead, the company projects full-year earnings in the range of $11.08 to $11.58 per share.