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

Watsco

26/07/2022 14:32

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$4.93​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of $5.05 per share.
    * Revenue rose 15.4% to $2.13 billion from a year ago;
analysts
expected $2.18 billion. 
    * Watsco Inc's reported EPS for the quarter was $4.93​.
    * The mean earnings estimate of analysts had risen by
about 4.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Watsco Inc shares had risen by 5.9% this quarter and
lost 19.2%
so far this year.
    * The company reported quarterly net income of $174.99
million.
    * Wall Street's median 12-month price target for Watsco Inc
is
$290.00 
    * 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." 

This summary was machine generated from Refinitiv data July 26
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      5.05           4.93           Missed
 Mar. 31 2022      1.78           2.90           Beat
 Dec. 31 2021      1.69           2.02           Beat
 Sep. 30 2021      3.51           3.62           Beat