Pool Corp. (POOL) Tops Q3 EPS by 74c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

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Pool Corporation Reports Record Third Quarter Results

October 22, 2020 7:00 AM EDT

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 - $8.50, excluding non-cash impairments recorded in Q1 2020, from previous $6.90 - $7.30 range or $7.05 - $7.45, excluding impairments... More