Pool Corp. (POOL) Reports In-Line Q1 EPS Ex-Gain; Guides Above Views

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Go back to Pool Corp. (POOL) Reports In-Line Q1 EPS Ex-Gain; Guides Above Views

Pool Corporation Reports Record First Quarter Results and Updates 2017 Earnings Guidance Range

April 20, 2017 7:00 AM EDT

Highlights

Net sales growth of 6% with base business net sales growth of 5% for Q1 2017, which is on top of 13% base business growth in Q1 2016Operating income growth of 5% for Q1 2017, on top of an 89% increase in operating income in Q1 2016Q1 2017 diluted EPS increased to $0.52 from $0.38 in Q1 2016, including a $0.12 favorable impact from new accounting pronouncementUpdated 2017 earnings guidance range to $4.12 - $4.32 per diluted share

COVINGTON, La., April 20, 2017 (GLOBE NEWSWIRE) -- Pool Corporation (NASDAQ:... More