Pool (POOL) Reports Earnings Tomorrow: What To Expect

Swimming pool distributor Pool (NASDAQ:POOL) will be reporting earnings this Thursday morning. Here’s what investors should know.

Pool beat analysts’ revenue expectations last quarter, reporting revenues of $1.14 billion, up 6.2% year on year. It was a satisfactory quarter for the company, with a beat of analysts’ EPS estimates but full-year EPS guidance meeting analysts’ expectations.

Is Pool a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Pool’s revenue to grow 1.9% year on year, improving from its flat revenue in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Pool has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Pool’s peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AMC Entertainment delivered year-on-year revenue growth of 14.2%, beating analysts’ expectations by 8.7%, and Delta reported revenues up 18.7%, topping estimates by 3.9%. AMC Entertainment traded up 14.6% following the results while Delta was down 3.2%.

Read our full analysis of AMC Entertainment’s results here and Delta’s results here.

Investors in the consumer discretionary segment have had steady hands going into earnings, with share prices up 1.8% on average over the last month. Pool’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $252.27 (compared to the current share price of $196.21).

ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.

These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.