Pool Corp reports $5.38 per share in Q2, exceeding expectations, while revenue misses by $20M amid modest year-over-year growth.
Pool Corp posted Q2 non-GAAP earnings of $5.38 per share, beating estimates by $0.04. Revenue reached $1.8 billion, up 1.1% year-over-year but missing forecasts by $20 million.
The company provided annual GAAP earnings guidance of $10.66 to $10.96 per diluted share, including $0.02 in year-to-date tax benefits from ASU 2016-09 and $0.21 in other adjustments. Prior-year Q2 revenue was not disclosed in the release.
No immediate market reaction was reported following the earnings release.