Shares of Watsco WSO were flat in pre-market trading after the company reported Q3 results.
Earnings per share rose 25.45% year over year to $2.76, which beat the estimate of $2.47.
Revenue of $1,537,000,000 up by 10.18% from the same period last year, which beat the estimate of $1,510,000,000.
Watsco hasn't issued any earnings guidance for the time being.
Watsco hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 22, 2020
Time: 10:00 AM
Recent Stock Performance
Company's 52-week high was at $249.30
52-week low: $132.97
Price action over last quarter: Up 0.11%
Watsco is a distributor of heating, ventilation, and air-conditioning units. With more than 400 locations in 38 states, it serves more than 40,000 contractors and dealers. About 70% of revenue is derived from the residential HVAC replacement market, with the residual coming from new construction.
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