Watsco Inc reports results for the quarter ended in December - Earnings Summary

Watsco

10/02/2022 16:13

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$2.02​​ per share for the quarter ended in December. The mean
expectation of twelve analysts for the quarter was for earnings
of $1.69 per share.
    * Revenue rose 30.9% to $1.51 billion from a year ago; 
analysts
expected $1.35 billion. 
    * Watsco Inc's reported EPS for the quarter was $2.02​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Watsco Inc shares had fallen by 11.7% this quarter.
    * The company reported quarterly net income of $71.79
million.
    * Wall Street's median 12-month price target for Watsco Inc
is
$300.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 10 at 04:13 p.m.
 ​All figures in US dollars unless otherwise stated