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

Watsco

21/04/2022 13:17

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$2.90​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for earnings
of $1.78 per share.
    * Revenue rose 34.1% to $1.52 billion from a year ago; 
analysts
expected $1.38 billion. 
    * Watsco Inc's reported EPS for the quarter was $2.90​.
    * The mean earnings estimate of analysts had risen by
about 20.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Watsco Inc shares had fallen by 5.9% this quarter and
lost 8.4%
so far this year.
    * The company reported quarterly net income of $103 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 4 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated April 21 at 12:16 p.m.  ​All
figures in US dollars unless otherwise stated