Pool Corp. (POOL) Tops Q3 EPS by 69c; Raises Outlook

Pool Corp. (NASDAQ: POOL) reported Q3 EPS of $4.54, $0.69 better than the analyst estimate of $3.85. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.37 billion.

“I am incredibly proud of the POOLCORP team. Everyone in the field from our drivers, warehouse associates, customer service representatives, field management and those in support roles, came together to produce truly incredible results for the quarter. Their extraordinary efforts, tenacity and unending work ethic continued in the third quarter. Our net sales grew 24% to a record $1.4 billion, fueling 60% growth in operating income, on top of the 42% operating income growth that we posted in the third quarter of 2020. Each and every day, our teams have performed remarkably to meet customer demand in challenging conditions,” commented Peter D. Arvan, president and CEO.

GUIDANCE:

Pool Corp. sees FY2021 EPS of $14.85-$15.35, versus the consensus of $14.06.

For earnings history and earnings-related data on Pool Corp. (POOL) click here.

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