Pool Corp. Posts Q3 Profit of $123 Million, Tops Wall Street Estimates

Pool Corp. (POOL) on Thursday reported third-quarter profit of $123 million, or $3.40 per share, beating the $3.36 average estimate of seven analysts surveyed by Zacks Investment Research. The Covington, Louisiana-based distributor of swimming pool supplies posted revenue of $1.5 billion, also topping Street forecasts of $1.47 billion from five analysts surveyed by Zacks. The company expects full-year earnings in the range of $10.87 to $11.17 per share.