Pool Corporation's (POOL) performance has been a mixed bag in recent times. Despite a slight decline following its earnings report, the company has taken positive strides in terms of expansion and growth, with initiatives such as the SWIMPACT! Program and the acquisition of Shoreline. The company's Q2 2024 earnings are projected to hit $5.96 per share and its upcoming US$1.20 dividend has investors smiling. The first quarter of the year saw Pool Corp record $79M in earnings and $1B in net sales. However, Q1 earnings also missed estimates and declined year over year, potentially due to mild weather affecting sales. Nonetheless, the company's stock is up on Q3 earnings beat and upbeat view despite a predicted stagnant 2024. Investors are watching closely as Pool Corporation's dividend increases to $1.20, marking it a promising dividend compounder. Some consider it worth diving into, and others are cautious, lowering its price target to $416.00 amid concerns of high costs and a decline in new pool constructions.
Pool Corporation POOL News Analytics from Mon, 12 Oct 2020 07:00:00 GMT to Thu, 16 May 2024 05:28:36 GMT -
Rating 4
- Innovation 0
- Information 6
- Rumor -8