COVINGTON, La. (AP) _ Pool Corp. (POOL) on Thursday reported first-quarter earnings of $98.7 million.

The Covington, Louisiana-based company said it had profit of $2.42 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The distributor of supplies for swimming pools posted revenue of $1.06 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $821.1 million.

Pool Corp. expects full-year earnings to be $11.85 to $12.60 per share.

Pool Corp. shares have risen 3.5% since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POOL at https://www.zacks.com/ap/POOL

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