Shares of Hayward Holdings, Inc. (HAYW), a manufacturer of pool equipment and associated automation systems, are rising more than 6 percent in pre-market on Thursday at $14.00, after reporting upbeat quarterly results above view.
The company posted 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.
Hayward 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.
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 $1.04 billion.
Hayward shares had closed at $13.09, up 0.69 percent on Wednesday. The stock has been trading in the range of $9.80 - $15.22 in the last 1 year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.