Pool Outruns Estimates Again
Pool (NAS: POOL) filed its 10-K on Feb. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Pool beat expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP loss per share shrank.
Gross margins dropped, operating margins expanded, net margins improved.
Pool logged revenue of $270.4 million. The seven analysts polled by S&P Capital IQ wanted to see revenue of $259.9 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $241.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.19. The eight earnings estimates compiled by S&P Capital IQ averaged -$0.22 per share on the same basis. GAAP EPS were -$0.21 for Q4 compared to -$0.23 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 29.9%, 60 basis points worse than the prior-year quarter. Operating margin was -4.7%, 230 basis points better than the prior-year quarter. Net margin was -3.7%, 120 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $331.9 million. On the bottom line, the average EPS estimate is $0.01.
Next year's average estimate for revenue is $1.93 billion. The average EPS estimate is $1.74.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 140 members out of 204 rating the stock outperform, and 64 members rating it underperform. Among 80 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Pool a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pool is outperform, with an average price target of $32.75.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.