Pool Corp falls after narrowing FY23 profit forecast

Pool

19/10/2023 14:49

** Shares of recreational products wholesaler Pool Corp 
 POOL.O  fall 3.89% to $323.65 
    ** Co narrows its full-year profit forecast to a range of
$13.15 to $13.65 per share, compared with its prior expectations
of $13.14 to $14.14 per share
    ** Reports Q3 revenue of $1.47 bln, compared with analysts'
estimates of $1.46 bln 
    ** Q3 adjusted quarterly profit of $3.50 per share, narrowly
exceeds analysts' estimates of $3.48 per share. 
    ** YTD, POOL up 11.38%

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com))