Watsco Inc expected to post earnings of $2.12 a share - Earnings Preview

Watsco

14/02/2023 14:00

* Watsco Inc  WSO.N   WSO  is expected to show a rise in
quarterly
revenue when it reports  results on February 16. 
    * The Coconut Grove Florida-based  company is expected to
report 
a 6.5% increase in revenue to $1.611 billion from $1.51 billion
a year ago, according to the mean estimate from 12 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Watsco Inc is for
earnings of $2.12 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 2 "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
$280​, below​ its last closing price of $299.29. ​​​

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 2022  4.49        4.37       4.03      Missed  -7.8
 Jun. 30 2022  5.22        5.05       4.93      Missed  -2.4
 Mar. 31 2022  1.76        1.78       2.90      Beat    63.4​
 Dec. 31 2021  1.69        1.69       2.02      Beat    19.3
 ​​Sep.        3.52        3.51       3.62      Beat    3.1
 30 2021                                                
 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
 This summary was machine generated February 14 at 14:00 GMT. 
All figures in US dollars  unless otherwise stated