Watsco Inc expected to post earnings of $3.51 a share - Earnings Preview

Watsco

18/10/2021 14:22

* Watsco Inc  WSO.N   WSO  is expected to show a rise in
quarterly revenue when it reports results on October 20. 
* The Coconut Grove, Florida-based company is expected to report
 a 18.6% increase in revenue to $1.823 billion from $1.54
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 $3.51 per share. For the same quarter last year, the
company reported earnings of $2.76 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"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
$300​, about 4.9% above​ its last closing price of $285.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  2.48        2.48       2.76      Beat    11.3
 Jun.          1.86​       1.92       2.26      Beat    18​
 30​ 2020​                                              
 Mar. 31 2020  0.81        0.86       0.72      Missed  -16​
 Dec. 31 2019  0.98        1.00       0.92      Missed  -7.6
 Sep. 30 2019  2.22        2.23       2.20      Missed  -1.3
 This summary was machine generated October 18 at 13:22 GMT.  All
figures in US dollars unless otherwise stated