Pool Corporation Provides Business Update and Reports First Quarter Results
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Pool Corp. (POOL) Tops Q1 EPS by 6c, Revenues Beat; Lowers FY20 EPS Guidance
April 23, 2020 7:03 AM EDTPool Corp. (NASDAQ: POOL) reported Q1 EPS of $0.71, $0.06 better than the analyst estimate of $0.65. Revenue for the quarter came in at $677.3 million versus the consensus estimate of $631.37 million.
Highlights
Record net sales for Q1 2020 resulting in both overall and base business sales growth of 13%Q1 2020 diluted EPS of $0.75 compared to $0.80 last year, or excluding tax benefits and non-cash impairments, $0.71 this year compared to $0.59 last yearPOOLCORP sells essential products and has been continuously open in most markets with no major supply chain disruptions anticipatedStrong liquidity with a 1.49 leverage ratio and $552.4 million available... More