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With a market cap of $11.5 billion, Louisiana-based Pool Corporation (POOL) leads the global distribution of swimming pool equipment, parts, and related backyard products across various sectors. The company is gearing up to unveil its fiscal Q2 earnings results before the market opens on Thursday, Jul. 25.
Ahead of the event, analysts expect POOL to report a profit of $4.89 per share, down nearly 17% from $5.89 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. The company missed the consensus EPS estimate by almost 1.1% in the most recent quarter due to lower demand for its pool equipment.