Wall Street brokerages expect Pool Corporation (NASDAQ:POOL) to announce earnings of $1.18 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Pool Corporation’s earnings, with estimates ranging from $1.16 to $1.20. Pool Corporation reported earnings per share of $1.03 during the same quarter last year, which would suggest a positive year-over-year growth rate of 14.6%. The business is scheduled to issue its next earnings report on Thursday, October 19th.

On average, analysts expect that Pool Corporation will report full year earnings of $4.20 per share for the current year, with EPS estimates ranging from $4.18 to $4.22. For the next year, analysts anticipate that the company will report earnings of $4.61 per share, with EPS estimates ranging from $4.60 to $4.62. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Pool Corporation.

Pool Corporation (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 20th. The specialty retailer reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.24 by ($0.03). The firm had revenue of $988.16 million for the quarter. Pool Corporation had a net margin of 6.15% and a return on equity of 63.34%. Pool Corporation’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.98 EPS.

A number of analysts have issued reports on POOL shares. Zacks Investment Research downgraded shares of Pool Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Johnson Rice raised shares of Pool Corporation from an “accumulate” rating to a “buy” rating in a research note on Monday, July 24th. Finally, BidaskClub cut shares of Pool Corporation from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $125.67.

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Large investors have recently added to or reduced their stakes in the business. FNY Partners Fund LP purchased a new stake in Pool Corporation during the 1st quarter worth approximately $126,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Pool Corporation by 1,198.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,143 shares of the specialty retailer’s stock valued at $134,000 after acquiring an additional 1,055 shares during the last quarter. Huntington National Bank boosted its holdings in shares of Pool Corporation by 27.9% in the 2nd quarter. Huntington National Bank now owns 1,481 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 323 shares during the last quarter. Daiwa Securities Group Inc. purchased a new stake in shares of Pool Corporation in the 2nd quarter valued at $188,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Pool Corporation by 13.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,606 shares of the specialty retailer’s stock valued at $189,000 after acquiring an additional 185 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors.

Pool Corporation (NASDAQ:POOL) opened at 104.25 on Thursday. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 27.10 and a beta of 0.92. Pool Corporation has a 12 month low of $88.65 and a 12 month high of $124.26. The company has a 50-day moving average of $104.99 and a 200 day moving average of $115.53.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, August 7th. This represents a $1.48 annualized dividend and a dividend yield of 1.42%. Pool Corporation’s dividend payout ratio (DPR) is presently 38.74%.

About Pool Corporation

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is a distributor of irrigation and landscape products in the United States. As of December 31, 2016, the Company operated 344 sales centers in North America, Europe, South America and Australia, through its four distribution networks, including SCP Distributors (SCP), Superior Pool Products (Superior), Horizon Distributors (Horizon) and National Pool Tile (NPT).

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Earnings History and Estimates for Pool Corporation (NASDAQ:POOL)

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