Pool Corp expected to post earnings of $1.25 a share - Earnings Preview

Pool

20/02/2024 14:35

* Pool Corp  POOL.OQ   POOL.O  is expected to show a fall in
quarterly revenue when it reports  results on February 22 for
the period ending December 31 2023
    * The Covington Louisiana-based  company is expected to
report a
7.0% decrease in revenue to $1.02 billion from $1.1 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.The company's guidance on October 19 2023, for the
period ended December 31, was for revenue between $1.01 billion
and $1.04 billion.
    * ​LSEG's mean analyst estimate for Pool Corp is for
earnings of
$1.25 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pool Corp
is
$383.92​, below​ its last closing price of $387.30. ​​​

The company's guidance on October 19 2023 for the period ended
December 31 was for gross profit margin of USD29%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  3.45        3.49       3.51      Beat    0.6
 Jun. 30 2023  6.01        6.10       5.91      Missed  -3.1
 Mar. 31 2023  3.15        3.21       2.58      Missed  -19.6​
 Dec. 31 2022  1.97        1.99       1.82      Missed  -8.4
 ​​Sep.        4.56        4.59       4.78      Beat    4.2
 30 2022                                                
 Jun. 30 2022  7.55        7.52       7.63      Beat    1.5​
 Mar. 31 2022  3.15        3.15       4.23      Beat    34.3
 Dec. 31 2021  1.88        1.88       2.63      Beat    40.3
 This summary was machine generated February 20 at 14:34 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)