Watsco Inc expected to post earnings of $5.05 a share - Earnings Preview

Watsco

22/07/2022 14:37

* Watsco Inc  WSO.N   WSO  is expected to show a rise in
quarterly
revenue when it reports  results on July 26. 
    * The Coconut Grove Florida-based  company is expected to
report 
a 17.7% increase in revenue to $2.177 billion from $1.85 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 $5.05 per share. For the same quarter last year, the
company reported earnings of $3.71 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"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
$290​, above​ its last closing price of $257.61. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.76        1.78       2.90      Beat    63.4
 Dec. 31 2022  1.69        1.69       2.02      Beat    19.3
 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.        0.90        0.90       1.39      Beat    53.9
 31 2021                                                
 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
 This summary was machine generated July 22 at 13:37 GMT.  All
figures in US dollars  unless otherwise stated