Swimming pool distributor Pool (NASDAQ: POOL) will be announcing earnings results this Thursday morning. Here’s what you need to know.
Pool met analysts’ revenue expectations last quarter, reporting revenues of $1.45 billion, up 1.3% year on year. It was a mixed quarter for the company, with full-year EPS guidance slightly topping analysts’ expectations but a slight miss of analysts’ adjusted operating income estimates.
Is Pool a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Pool’s revenue to grow 1.1% year on year to $998.8 million, a reversal from the 1.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.98 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pool has missed Wall Street’s revenue estimates four times over the last two years.
Looking at Pool’s peers in the consumer discretionary - specialized consumer services segment, some have already reported their Q4 results, giving us a hint as to what we can expect. 1-800-FLOWERS’s revenues decreased 9.5% year on year, meeting analysts’ expectations, and Matthews reported a revenue decline of 29.1%, topping estimates by 0.8%. 1-800-FLOWERS traded up 6.9% following the results while Matthews’s stock price was unchanged.
Read our full analysis of 1-800-FLOWERS’s results here and Matthews’s results here.
Investors in the consumer discretionary - specialized consumer services segment have had steady hands going into earnings, with share prices flat over the last month. Pool is down 2.6% during the same time and is heading into earnings with an average analyst price target of $308.27 (compared to the current share price of $252).
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