Pool Corp. (POOL) Issues FY14 Earnings Guidance
Pool Corp. (NASDAQ:POOL) updated its FY14 earnings guidance on Thursday. The company provided EPS guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.42, Stock Ratings Network.com reports.
On a related note, analysts at Zacks reiterated a neutral rating on shares of Pool Corp. in a research note on Friday, January 3rd. They now have a $60.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $58.25.
Shares of Pool Corp. (NASDAQ:POOL) traded up 1.16% on Thursday, hitting $55.00. The stock had a trading volume of 202,249 shares. Pool Corp. has a one year low of $44.91 and a one year high of $58.87. The stock has a 50-day moving average of $55.75 and a 200-day moving average of $54.96. The company has a market cap of $2.527 billion and a P/E ratio of 27.54.
Pool Corp. (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.11) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.11). The company had revenue of $340.80 million for the quarter, compared to the consensus estimate of $327.50 million. During the same quarter last year, the company posted ($0.17) earnings per share. Pool Corp.’s revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that Pool Corp. will post $2.04 earnings per share for the current fiscal year.
Pool Corporation is a wholesale distributor of swimming pool supplies, equipment and related leisure products.
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