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Watsco Q2 Results Misses Estimates - Update
(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 declined to $160.85 million or $4.42 per share from $174.99 million or $4.93 per share in the prior-year quarter.
Revenues for the quarter decreased 6 percent to $2.00 billion from $2.13 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $4.93 per share on revenues of $2.19 billion for the quarter. Analysts' estimates typically exclude special items.
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Watsco Q2 Results Miss Estimates
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.
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Pred 470 dňami
Watsco Q3 Profit Rises, But Misses Estimates; Boosts Dividend 11%
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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Pred 1119 dňami
Bay Street May Open On Positive Note Again
Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
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Pred 1 h 41 min
FTSE 100 Pares Early Gains; SSE Soars 12%
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Pred 2 h 59 min
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%
French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors.
Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
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Pred 3 h 57 min
DAX Climbs To 4-week High On Inflation Data, Earnings
Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
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Pred 4 h 23 min
Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains
Indian shares rose notably on Wednesday, with U.S. shutdown resolution and growing optimism over a potential trade deal with the United States boosting sentiment.
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Pred 5 h 21 min
Yen Falls After Japan PM Takaichi Comments
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
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Pred 6 h 22 min
