Pool Corp (POOL) Reports In-Line Q2 EPS; Reaffirms

Pool Corp (NASDAQ: POOL) reported Q2 EPS of $1.61, in-line with the analyst estimate of $1.61. Revenue for the quarter came in at $848.2 million versus the consensus estimate of $852.41 million. The company reaffirms 2014 earnings guidance range of $2.35 to $2.4

"Our second quarter results were generally as expected, with solid sales and gross profit growth and improvement in gross margin, albeit with sales below target in certain seasonal markets. The ongoing recovery of replacement and remodel activity and market share gains continued to contribute to our growth. Likewise, our second quarter results evidenced our ongoing efforts to provide exceptional value and our consistent investment in tools and resources to help our customers succeed," said Manuel Perez de la Mesa, President and CEO.

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

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