Hayward Holdings, Inc. (HAYW), a manufacturer of pool equipment and associated automation systems, Thursday reported net income of $31.04 million or $0.14 per share for the fourth quarter, nearly 100 percent higher than $15.97 million or $0.07 per share in the same quarter a year ago.
The company had acquisition and restructuring related income of $6.99 million in the latest quarter compared with an expenses of 1.34 million last year.
Excluding one-time items, earnings were $0.20 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $0.18 per share. Analysts' estimates typically exclude special items.
Sales for the quarter increased by 8% year on year to $278.47 million from $258.97 million last year. The consensus estimate was for $271.92 million.
Looking ahead, Hayward expects net sales of about $1.010 billion to $1.060 billion. Analysts are expecting revenue of $1.040 billion.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.