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What the new Labour government means for your money

Now that the dust has settled on the election we can take stock of what a Labour win will mean for your finances

Pool Corp.: Q4 Earnings Snapshot

Associated Press Finance
·1-min read

COVINGTON, La. (AP) — COVINGTON, La. (AP) — Pool Corp. (POOL) on Thursday reported fourth-quarter net income of $51.4 million.

On a per-share basis, the Covington, Louisiana-based company said it had profit of $1.32. Earnings, adjusted for pretax gains, came to $1.30 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The distributor of supplies for swimming pools posted revenue of $1 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.02 billion.

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For the year, the company reported profit of $523.2 million, or $13.35 per share. Revenue was reported as $5.54 billion.

Pool Corp. expects full-year earnings in the range of $13 to $14 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POOL at https://www.zacks.com/ap/POOL