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Watsco Q2 Results Miss Estimates

RTTNews | vor 471 Tagen

Watsco Q2 Results Miss Estimates

(RTTNews) - Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Tuesday reported that earnings allocated to shareholders for the second quarter grew to $168.80 million or $4.49 per share from $160.85 million or $4.42 per share in the prior-year quarter.

Revenues for the quarter increased 7 percent to $2.14 billion from $2.00 billion in the same quarter last year. It increased 4 percent on a same-store basis.

On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $4.68 per share on revenues of $2.18 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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Watsco Q2 Results Misses Estimates - Update

Watsco Q2 Results Misses Estimates - Update

Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Tuesday reported that earnings allocated to shareholders for the second quarter declined to $160.85 million or $4.42 per share from $174.99 million or $4.93 per share in the prior-year quarter.

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Watsco Q3 Profit Rises, But Misses Estimates; Boosts Dividend 11%

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Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Thursday reported an increase in third-quarter earnings allocated to shareholders to a record of $143.27 million or $4.03 per share from $128.30 million or $3.62 per share in the prior-year quarter.

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RTTNews | vor 1Std 44 Minuten

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