Pool (POOL) reported Q1 adjusted earnings Thursday of $1.32 per diluted share, down from $1.85 a year earlier.

Analysts polled by FactSet expected $1.46.

Revenue for the quarter ended March 31 was $1.07 billion, compared with $1.12 billion a year earlier.

Analysts surveyed by FactSet expected $1.10 billion.

The company said it confirmed its 2025 earnings guidance of $11.10 to $11.60 per share, including the impact of year-to-date tax benefits of $0.10. Analysts surveyed by FactSet expect $11.19.

Shares of the company rose 3.1% in recent premarket activity.

Price: 319.00, Change: +9.69, Percent Change: +3.13