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

Watsco

20/10/2022 14:32

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$4.03​​ per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for earnings
of $4.37 per share.
    * Revenue rose 14.2% to $2.04 billion from a year ago;
analysts
expected $2.04 billion. 
    * Watsco Inc's reported EPS for the quarter was $4.03​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Watsco Inc shares had fallen by 4.3% this quarter and
lost 21.3%
so far this year.
    * The company reported quarterly net income of $143.27
million.
    * Wall Street's median 12-month price target for Watsco Inc
is
$284.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
20 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      4.37           4.03           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