Pool Outshines, Guides Higher
Pool Corp.’s (NASDAQ:POOL) first quarter 2012 adjusted earnings per share of 6 cents bettered the Zacks Consensus Estimate of a penny per share as well as year-ago quarter’s loss of a penny per share. The outperformance was mainly driven by solid top-line growth. Net sales in the reported quarter jumped 15.7% year over year to [...]
Pool Corp.’s (NASDAQ:POOL) first quarter 2012 adjusted earnings per share of 6 cents bettered the Zacks Consensus Estimate of a penny per share as well as year-ago quarter’s loss of a penny per share. The outperformance was mainly driven by solid top-line growth. Net sales in the reported quarter jumped 15.7% year over year to $361.9 million. Favorable weather helped drive both revenue and earnings despite the seasonal weakness of the first quarter.
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