Pool Corp. (POOL) Tops Q2 EPS by 70c; Raises Outlook

Pool Corp. (NASDAQ: POOL) reported Q2 EPS of $6.18, $0.70 better than the analyst estimate of $5.48. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.73 billion.

“I am thrilled to announce that we, again, achieved spectacular results this quarter. Demand remains high, and paired with our team's outstanding execution, business thrived. Through our supply chain management discipline and our capacity creation initiatives, we yielded exceptional improvement in both gross margin and operating margin during the quarter. As part of our strategic growth initiatives, we continued to add to our network through new sales center openings and two acquisitions that closed in the second quarter. Our employees remain committed to providing unmatched service to our customers while leveraging our network and executing on our expense management strategies in the latter half of the year,” commented Peter D. Arvan, president and CEO.

GUIDANCE:

Pool Corp. sees FY2021 EPS of $13.75-$14.25, versus $11.85-$12.60 prior and the consensus of $12.42.

For earnings history and earnings-related data on Pool Corp. (POOL) click here.

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