Pool Corp. Announces 36% Increase In Q1 Earnings

(RTTNews) - Pool Corp. (POOL) reported a profit for its first quarter that advanced from last year.

The company said its bottom line rose to $22.28 million, or $0.52 per share. This was up from $16.37 million, or $0.38 per share, in last year's first quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.1% to $546.44 million. This was up from $515.25 million last year.

Pool Corp. earnings at a glance:

-Earnings (Q1): $22.28 Mln. vs. $16.37 Mln. last year. -Earnings Growth (Y-o-Y): 36.1% -EPS (Q1): $0.52 vs. $0.38 last year. -EPS Growth (Y-o-Y): 36.8% -Analysts Estimate: $0.40 -Revenue (Q1): $546.44 Mln vs. $515.25 Mln last year. -Revenue Change (Y-o-Y): 6.1%

-Guidance: Full year EPS guidance: $4.12 - $4.32