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Watsco Inc reports results for the quarter ended in September - Earnings Summary
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Watsco Inc reports results for the quarter ended in September - Earnings Summary

  • Watsco Inc WSO.N reported quarterly adjusted earnings of $4.35​​ per share for the quarter ended in September. The mean expectation of thirteen analysts for the quarter was for earnings of $4.29 per share.

  • Revenue rose 4.5% to $2.13 billion from a year ago; analysts expected $2.05 billion.

  • Watsco Inc's reported EPS for the quarter was $4.35​.

  • The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

  • In the last 30 days, there have been revisions of earnings estimates

  • Watsco Inc shares had fallen by 2.5% this quarter and gained 47.6% so far this year.

  • The company reported quarterly income of $170.95 million.

  • Wall Street's median 12-month price target for Watsco Inc is $360.00

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

This summary was machine generated from LSEG Refinitiv data October 19 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated.

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2023

4.29

4.35

Beat

Jun. 30 2023

4.93

4.42

Missed

Mar. 31 2023

2.36

2.83

Beat

Dec. 31 2022

2.12

3.55

Beat

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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