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Hayward's Fiscal Q2 Earnings, Revenue Rise; Lowers Top End of Sales Guidance; Shares Up 4% Pre-Bell
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Hayward's Fiscal Q2 Earnings, Revenue Rise; Lowers Top End of Sales Guidance; Shares Up 4% Pre-Bell
Jul 30, 2024 6:21 AM

08:59 AM EDT, 07/30/2024 (MT Newswires) -- Hayward (HAYW) reported fiscal Q2 adjusted earnings Tuesday of $0.21 per diluted share, compared with $0.19 a year earlier.

Analysts surveyed by Capital IQ expected $0.20.

Revenue for the quarter ended June 29 was $284.4 million, compared with $283.5 million a year earlier. Analysts surveyed by Capital IQ expected $284.4 million.

The company also lowered the top end of its net sales guidance for fiscal year 2024 to a range of $1.01 billion to $1.04 billion from previous guidance of $1.01 billion to $1.06 billion. Analysts polled by Capital IQ expect $1.03 billion.

Shares of Hayward were up nearly 4% in recent premarket activity.

Price: 14.00, Change: +0.51, Percent Change: +3.78

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