Pool corporation revises earnings guidance for the full year 2019; provides earnings guidance for the fourth quarter of 2019

Pool corporation provided earnings guidance for the fiscal year 2019. for the period, the company increasing and narrowing the annual earnings guidance range from $6.09 to $6.34 per diluted share to $6.20 to $6.40 per diluted share. given expected fourth quarter gross margin decline compared to the large gains recorded in fourth quarter last year, and the impact from seasonal market acquisitions which will have operating losses in the offseason, the company expects a decline in operating income in fourth quarter, right in line with expectations as discussed on last call.
POOL Ratings Summary
POOL Quant Ranking