2 Hours Ago
Pool Corp slumps 11% after trimming guidance
Pool Corp shares shed 11% after the company revised its full-year earnings guidance.
The wholesale pool supplies distributor said it now expects earnings per share to range between $11.04 and $11.44 for the full year, versus prior guidance of $13.19 to $14.19. That’s also below a FactSet estimate of $13.05.
For the second quarter the company said it expects EPS to come in between $4.85 and $4.95, compared to a FactSet estimate of $5.83.
The company also said sales are trending down 6.5% from the same period last year.
— Samantha Subin
3 Hours Ago
Stocks futures open little changed
Stock futures opened little changed Monday evening. Futures tied to the Dow Jones Industrial Average added 25 points, while S&P 500 futures hovered near the flatline. Futures connected to the Nasdaq-100 edged up 0.07%.
— Samantha Subin
