Pool Corp Slashes FY23 Outlook As Q2 Results Miss Estimates

RTTNews | 624 дней спустя
Pool Corp Slashes FY23 Outlook As Q2 Results Miss Estimates

(RTTNews) - Pool Corp. (POOL) on Thursday reported that net income for the second quarter declined to $232.25 million or $5.91 per share from $307.28 million or $7.63 per share in the prior-year quarter.

Excluding the impact from ASU 2016-09 in both periods, adjusted earnings for the quarter were $5.89 per share, compared to $7.59 per share for the year-ago quarter.

Net sales for the quarter decreased 10 percent to $1.86 billion from $2.06 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.20 per share on revenues of $1.91 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, Pool lowered its earnings guidance to a range of $13.14 to $14.14 per share from the prior outlook range of $14.62 to $16.12 per share. The Street expects earnings of $14.94 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Тэгов: POOL
read more
Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake

Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake

Shares of Domino's Pizza Inc. and swimming pool supplier Pool Corp. gained significantly in the extended trading in New York on Thursday after billionaire investor Warren Buffett's Berkshire Hathaway Inc. took stake in them. In the pre-market activity, Domino's shares were moving up 8 percent and Pool shares were up 7 percent.
RTTNews | 140 дней спустя
Pool Corp Q1 Results Miss Estimates; Boosts FY24 Outlook

Pool Corp Q1 Results Miss Estimates; Boosts FY24 Outlook

Pool Corp. (POOL) on Thursday reported that net income for the first quarter declined to $78.89 million or $2.04 per share from $101.70 million or $2.58 per share in the prior-year quarter.
RTTNews | 344 дней спустя
Pool Corp Trims FY23 Outlook As Q3 Results Top Estimates

Pool Corp Trims FY23 Outlook As Q3 Results Top Estimates

Pool Corp. (POOL) on Thursday reported that net income for the third quarter declined to $137.84 million or $3.51 per share from $190.06 million or $4.78 per share in the prior-year quarter.
RTTNews | 533 дней спустя
Swiss Market Ends Sharply Lower On Trade War Fears

Swiss Market Ends Sharply Lower On Trade War Fears

Swiss stocks fell sharply on Friday, mirroring losses across Europe and elsewhere, as the Trump Administration's sweeping tariffs on trade partners, and retaliatory move announced by China, and possible countermeasures by a few other major countries as well, raised fears of a possible global recession.
RTTNews | 12ч 24мин назад