Pool Corp. Lifts 2016 EPS View

(RTTNews) - Pool Corp. (POOL) said it raised 2016 earnings guidance to a range of $3.40 to $3.46 per share, from its previous range of $3.30 to 3.45 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $3.43 per share for fiscal year 2016. Analysts' estimates typically exclude special items.

"As we transition to what is traditionally a slower quarter for us, we are confident that our momentum will continue and we will have a strong finish to 2016. To that end, we are updating our 2016 earnings guidance to a range of $3.40 to $3.46 per diluted share, from our previous range of $3.30 to 3.45 per diluted share. Looking ahead to 2017, we are excited to employ the tools, products and resources uniquely available to us to provide exceptional value to our customers," said Manuel Perez de la Mesa, President and CEO.