logo
Plus   Neg
Share
Email

Pool Guides FY20 Adj. Earnings In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, swimming pool distributor Pool Corp. (POOL) initiated its earnings guidance for the full-year 2020, based on the underlying demand throughout the industry remaining strong.

For fiscal 2020, the company now projects earnings in a range of $6.47 to $6.77 per share. Excluding a tax benefit, adjusted earnings is expected to be in a range of $6.41 to $6.71 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $6.71 per share for the year. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Billionaire Warren Buffett's Berkshire Hathaway reported a profit for the second-quarter that increased 87 percent from last year, as the value of its investment portfolio increased with the stock market. But it took about $10 billion write down on the value of its Precision Castparts aircraft parts unit due to the impact of the COVID-19 pandemic. Operating profit declined 10 percent. Twitter has had preliminary talks with TikTok's Chinese owner ByteDance to buy the U.S. operations of the video-sharing app, the Wall Street Journal reported citing people familiar with the matter. Meanwhile, Microsoft has been the only company so far to say publicly it is pursuing TikTok. Pfizer said Friday it reached a multi-year deal with Gilead Sciences to manufacture and supply Gilead's investigational antiviral remdesivir for COVID-19 patients.
RELATED NEWS
Follow RTT