Pool Raises Guides FY19 Earnings In Line - Quick Facts

(RTTNews) - Pool Corp. (POOL) on Thursday initiated its earnings guidance for fiscal 2019. It now projects earnings for the year in a range of $6.05 to $6.35 per share, including an estimated $0.18 favorable impact from ASU 2016-09.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $6.21 per share for the year. Analysts' estimates typically exclude special items.

"Our customers are reporting solid backlogs, and our team is focused on growth and value creation with our customers, while continuing to deliver solid operating leverage through capacity creation and execution," said Peter Arvan, President and CEO.