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via finance.yahoo.comBusiness & Companies

Why Pool (POOL) stock is soaring after third-quarter results beat expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Why is Pool (POOL) stock soaring today What happened? Shares of swimming pool distributor Pool (NASDAQ:POOL) jumped 10.4% in the afternoon session after the company reported third-quarter net sales and adjusted earnings per share above analyst expectations and confirmed its…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above expectations with confirmed guidance explain the strong share price rise.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares jumped 10.4% in the afternoon session.
  2. 02Net sales rose 4% to $1.50 billion, above the $1.48 billion consensus.
  3. 03The company confirmed its annual adjusted diluted EPS guidance.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Pool CorporationPOOLStock197.21 USDMarket closedtoday +14.36%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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