Pool Corp.: Fourth Quarter Earnings Overview

Pool Corp. Announces Fourth-Quarter Financial Results

Pool Corp., headquartered in Covington, Louisiana, reported a net profit of $31.6 million for the fourth quarter.

The company's earnings translated to 85 cents per share, or 84 cents per share after adjusting for pretax gains.

These results were below analyst expectations, as a consensus of seven analysts polled by Zacks Investment Research had anticipated earnings of 99 cents per share.

During the quarter, Pool Corp. generated $982.2 million in revenue, which also came in under projections. Six analysts surveyed by Zacks had forecasted revenue of $998.3 million.

For the full year, Pool Corp. reported a total profit of $406.4 million, or $10.85 per share, with annual revenue reaching $5.29 billion.

Looking ahead, the company projects its earnings for the upcoming year to be in the range of $10.85 to $11.15 per share.

Financial data for this report was sourced from Zacks Investment Research and compiled by Automated Insights.