Pool Corp.: Q2 Earnings Snapshot
By AP News
Published - Jul 20, 2023, 07:09 AM ET
Last Updated - Jul 20, 2023, 07:09 AM EDT
COVINGTON, La. (AP) — COVINGTON, La. (AP) — Pool Corp. (POOL) on Thursday reported second-quarter profit of $232.3 million.
The Covington, Louisiana-based company said it had net income of $5.91 per share. Earnings, adjusted for pretax gains, were $5.89 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $6.01 per share.
The distributor of supplies for swimming pools posted revenue of $1.86 billion in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.87 billion.
