Pool Q3 GAAP EPS $3.27 Misses $3.29 Estimate, Sales $1.43B Beat $1.40B Estimate
Portfolio Pulse from Benzinga Newsdesk
Pool Corporation reported Q3 earnings with a GAAP EPS of $3.27, missing the $3.29 estimate, but sales of $1.43 billion beat the $1.40 billion estimate. EPS decreased by 6.84% from last year, while sales decreased by 2.78%.
October 24, 2024 | 11:06 am
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Pool Corporation's Q3 earnings per share of $3.27 missed the estimate of $3.29, while sales of $1.43 billion exceeded the $1.40 billion estimate. Both EPS and sales decreased compared to the same period last year.
The slight miss on EPS and the beat on sales suggest mixed results. The decrease in both EPS and sales compared to last year may concern investors, but the sales beat could provide some optimism. Overall, the impact on the stock price is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100