Watsco Inc expected to post earnings of $3.04 a share - Earnings Preview

Watsco

20/07/2021 15:15

* Watsco Inc  WSO.N   WSO  is expected to show a rise in
quarterly revenue when it reports results on July 22. 
* The Coconut Grove, Florida-based company is expected to report
  a 23.8% increase in revenue to $1.677 billion from $1.36
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 $3.04 per share. For the same quarter last year, the
company reported earnings of $2.26 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 1.9%
in the last three months. ​
* Wall Street's median 12-month price target for Watsco Inc is
$300​, about 7.1% above​ its last closing price of $278.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  2.48        2.48       2.76      Beat    11.3​
 Jun. 30 2020  1.86        1.92       2.26      Beat    18
 Mar.          0.81​       0.86       0.72      Missed  -16​
 31​ 2020​                                              
 Dec. 31 2019  0.98        1.00       0.92      Missed  -7.6​
 Sep. 30 2019  2.22        2.23       2.20      Missed  -1.3
 Jun. 30 2019  2.56        2.54       2.40      Missed  -5.4
 This summary was machine generated July 20 at 14:15 GMT.  All
figures in US dollars unless otherwise stated