Pool Corporation Reports Record Third Quarter Results
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Pool Corp. (POOL) Tops Q3 EPS by 74c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus
October 22, 2020 7:02 AM EDTPool Corp. (NASDAQ: POOL) reported Q3 EPS of $2.92, $0.74 better than the analyst estimate of $2.18. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1 billion.
Highlights
Record net sales for Q3 2020 with both overall and base business sales growth of 27%Q3 2020 diluted EPS increase of 50% to a record $2.92, or excluding tax benefits in both periods, an increase of 47% to $2.71Record cash provided by operations of $388.9 million, an increase of $145.7 million from the first nine months of 20192020 earnings guidance increased to $8.05 - $8.35 per diluted share or $8.20 -... More