Earnings To Watch: Pool (POOL) Reports Q1 Results Tomorrow

Swimming pool distributor Pool (NASDAQ:POOL) will be reporting results tomorrow before market hours. Here’s what investors should know.

Pool beat analysts’ revenue expectations by 2.4% last quarter, reporting revenues of $987.5 million, down 1.6% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ organic revenue estimates but full-year EPS guidance missing analysts’ expectations.

Is Pool a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Pool’s revenue to decline 2% year on year to $1.10 billion, improving from the 7.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.47 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pool has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Pool’s peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Nike’s revenues decreased 9.3% year on year, beating analysts’ expectations by 2.3%, and Monarch reported revenues up 3.1%, topping estimates by 2.1%. Nike traded down 5.4% following the results.

Read our full analysis of Nike’s results here and Monarch’s results here.

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