Pool posts 4Q loss, annual profit gain (AP)

COVINGTON, La. ? Swimming pool supplier Pool Corp. posted a typical seasonal loss for the fourth quarter, but pulled in more revenue than Wall Street expected.

For the October-through-December period, Pool lost $10.1 million, or 21 cents per share, on revenue of $270.4 million. In the year-ago fourth quarter, the company lost $11.8 million, or 24 cents per share, on revenue of $241.4 million.

Analysts polled by FactSet had expected the 21-cent loss on revenue of $260.7 million.

For 2011, Pool earned $72 million or $1.47 per share, on revenue of $1.79 billion. A year ago, annual profit totaled $57.6 million, or $11.5 per share, on revenue of $1.6 billion.

Pool said it expected 2012 earnings to range from $1.69 to $1.79 per share.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120216/ap_on_bi_ge/us_earns_pool_louisiana

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