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

Watsco

19/10/2023 14:31

* Watsco Inc  WSO.N  reported quarterly adjusted earnings of
$4.35​​ per share for the quarter ended in September. The mean
expectation of thirteen analysts for the quarter was
for earnings of $4.29 per share.
    * Revenue rose 4.5% to $2.13 billion from a year ago;
analysts
expected $2.05 billion. 
    * Watsco Inc's reported EPS for the quarter was $4.35​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
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 2.5% this quarter and
gained 47.6% so far this year.
    * The company reported quarterly net income of $170.95
million.
    * Wall Street's median 12-month price target for Watsco Inc
is
$360.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      4.29           4.35           Beat
 Jun. 30 2023      4.93           4.42           Missed
 Mar. 31 2023      2.36           2.83           Beat
 Dec. 31 2022      2.12           3.55           Beat