Pool Corp Exceeds Q4 Earnings Estimates

Pool Corp reported fourth-quarter earnings for 2024 that exceeded analysts' expectations, with adjusted earnings per share of $0.97 versus the expected $0.90. Despite a slight decline in revenue to $987.48 million, this figure surpassed the consensus estimate of $963 million. The results were driven by steady demand for pool maintenance services, particularly in Florida post-hurricane, though sales for new pool construction were weaker due to broader economic conditions. The company anticipates 2025 earnings per share between $11.08 and $11.58, slightly below the 2024 estimate of $11.90. Pool Corp highlighted enhancements to its digital ecosystem and an expansion of its sales center network, contributing to strong cash flows and sizable shareholder returns. Overall, while revenue and operating margins declined slightly, strategic initiatives have bolstered the company's position in a challenging market.