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• Watsco Inc WSO.N reported quarterly adjusted earnings of $2.17​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $2.83. The mean expectation of twelve analysts for the quarter was for earnings of $2.28 per share. Wall Street expected results to range from $2.07 to $2.45 per share.

• Revenue rose 0.9% to $1.56 billion from a year ago; analysts expected $1.59 billion.

• Watsco Inc's reported EPS for the quarter was $2.17​.

• The company reported quarterly income of $80.17 million.

• Watsco Inc shares had fallen by 4.3% this quarter and lost 3.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.2% in the last three months.​

• In the last 30 days, six analysts revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the electrical components & equipment peer group is also "hold"

Wall Street's median 12-month price target for Watsco Inc is $417.47

This summary was machine generated from LSEG data April 24 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)