Shares of Watsco WSO were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share rose 64.16% year over year to $3.71, which beat the estimate of $3.00.
Revenue of $1,850,000,000 higher by 36.53% year over year, which beat the estimate of $1,670,000,000.
Guidance
Watsco hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 22, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/fvrfz4y4
Technicals
52-week high: $307.81
Company's 52-week low was at $193.96
Price action over last quarter: down 3.67%
Company Overview
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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