Watsco Inc expected to post earnings of $1.70 a share - Earnings Preview

Watsco

08/02/2022 18:31

* Watsco Inc  WSO.N   WSO  is expected to show a rise in
quarterly
revenue when it reports  results on February 10. 
    * The Coconut Grove Florida-based  company is expected to
report 
a 16.6% increase in revenue to $1.347 billion from $1.15 billion
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Watsco Inc is for
earnings of $1.70 per share. For the same quarter last year, the
company reported earnings of $1.14 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Watsco Inc
is
$302.5​, about 12.3% above​ its last closing price
of $265.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  3.52        3.51       3.62      Beat    3.1
 Jun. 30 2021  3.15        3.06       3.71      Beat    21.4
 Mar. 31 2021  0.90        0.90       1.39      Beat    53.9​
 Dec. 31 2020  0.99        0.99       1.14      Beat    14.6
 ​​Sep.        2.48        2.48       2.76      Beat    11.3
 30 2020                                                
 Jun. 30 2020  1.86        1.92       2.26      Beat    18​
 Mar. 31 2020  0.81        0.86       0.72      Missed  -16
 Dec. 31 2019  0.98        1.00       0.92      Missed  -7.6
 This summary was machine generated February 8 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated