Hayward Holdings, Inc. (HAYW) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $14.33 million, or $0.06 per share. This compares with $9.84 million, or $0.04 per share, last year.
Excluding items, Hayward Holdings, Inc. reported adjusted earnings of $22.11 million or $0.10 per share for the period.
Analysts on average had expected the company to earn $0.09 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.7% to $228.84 million from $212.56 million last year.
Hayward Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $14.33 Mln. vs. $9.84 Mln. last year.
-EPS: $0.06 vs. $0.04 last year.
-Revenue: $228.84 Mln vs. $212.56 Mln last year.
-Guidance:
Full year revenue guidance: $1.060 - $1.100 Bln
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