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

Watsco

16/02/2023 14:32

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$3.55​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of $2.12 per share.
    * Revenue rose 4.6% to $1.58 billion from a year ago;
analysts
expected $1.61 billion. 
    * Watsco Inc's reported EPS for the quarter was $3.55​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Watsco Inc shares had risen by 23.3% this quarter.
    * The company reported quarterly net income of $128.28
million.
    * Wall Street's median 12-month price target for Watsco Inc
is
$280.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.12           3.55           Beat
 Sep. 30 2022      4.37           4.03           Missed
 Jun. 30 2022      5.05           4.93           Missed
 Mar. 31 2022      1.78           2.90           Beat