Watsco Inc expected to post earnings of $4.40 a share - Earnings Preview

Watsco

18/10/2022 14:34

* 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 14.6% increase in revenue to $2.043 billion from $1.78 billion
a year ago, according to the mean estimate from 11 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Watsco Inc is for
earnings of $4.40 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Watsco Inc
is
$310​, above​ its last closing price of $250.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  3.52        3.51       3.62      Beat    3.1
 ​​Jun.        3.15        3.06       3.71      Beat    21.4
 30 2021                                                
 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
 This summary was machine generated October 18 at 13:34 GMT.  All
figures in US dollars  unless otherwise stated