Why Pool Corporation Rose 16.5% in July

Billy Duberstein, The Motley Fool
·2 min read
Why Pool Corporation Rose 16.5% in July

Shares of Pool Corporation (NASDAQ: POOL) rose 16.5% in July, according to data from S&P Global Market Intelligence. The company also reported second-quarter earnings on July 23, beating analyst expectations for both revenue and earnings per share, continuing the strong month for this 2020 market outperformer. During the second quarter, Pool saw its revenue rise 14% and earnings per share up 20%, or 23% on a fully adjusted basis, with both figures exceeding expectations.

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