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POOLBullishEarningsnews
Materiality pending

Pool stock climbs on Q2 top and bottom-line beat - MarketWatch

Jul 25, 2024, 8:01 AM EDT1 sourcesAI-analyzed

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POOL reported second-quarter earnings of $4.99 per share, beating estimates. Net income fell to $192.4 million from $232.3 million year-over-year. Sales at $1.8 billion exceeded the consensus estimate of $1.74 billion. CEO highlights strong demand for maintenance products amid consumer spending decline. Full-year earnings guidance of $11.05 to $11.45 per share remains unchanged.

  • POOL reported second-quarter earnings of $4.99 per share, beating estimates.
  • Net income fell to $192.4 million from $232.3 million year-over-year.
  • Sales at $1.8 billion exceeded the consensus estimate of $1.74 billion.
  • CEO highlights strong demand for maintenance products amid consumer spending decline.
  • Full-year earnings guidance of $11.05 to $11.45 per share remains unchanged.

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