Pool Corp Slashes FY23 Outlook As Q2 Results Miss Estimates

RTTNews | 721 days ago
Stocktwits
Pool Corp Slashes FY23 Outlook As Q2 Results Miss Estimates

(RTTNews) - Pool Corp. (POOL) on Thursday reported that net income for the second quarter declined to $232.25 million or $5.91 per share from $307.28 million or $7.63 per share in the prior-year quarter.

Excluding the impact from ASU 2016-09 in both periods, adjusted earnings for the quarter were $5.89 per share, compared to $7.59 per share for the year-ago quarter.

Net sales for the quarter decreased 10 percent to $1.86 billion from $2.06 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $6.20 per share on revenues of $1.91 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, Pool lowered its earnings guidance to a range of $13.14 to $14.14 per share from the prior outlook range of $14.62 to $16.12 per share. The Street expects earnings of $14.94 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: POOL
Stocktwits
read more
Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake

Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake

Shares of Domino's Pizza Inc. and swimming pool supplier Pool Corp. gained significantly in the extended trading in New York on Thursday after billionaire investor Warren Buffett's Berkshire Hathaway Inc. took stake in them. In the pre-market activity, Domino's shares were moving up 8 percent and Pool shares were up 7 percent.
RTTNews | 237 days ago
KOSPI May Be Stuck In Neutral On Friday

KOSPI May Be Stuck In Neutral On Friday

The South Korea stock market has finished higher in four straight sessions, collecting more than 130 points or 4.1 percent along the way. The KOSPI now sits just above the 3,180-point plateau although it's due for consolidation on Friday.
RTTNews | 17 minutes ago
New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

New Zealand will on Friday see June results for the manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In May, the index score was 47.5.
RTTNews | 1h 17min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.