Watsco Inc reports results for the quarter ended June 30 - Earnings Summary
Watsco Inc reports results for the quarter ended June 30 - Earnings Summary
Watsco Inc WSO.N reported quarterly adjusted earnings of $4.00 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $4.52. The mean expectation of fifteen analysts for the quarter was for earnings of $4.44 per share. Wall Street expected results to range from $4.00 to $4.87 per share.
Revenue rose 2.1% to $2.10 billion from a year ago; analysts expected $2.15 billion.
Watsco Inc's reported EPS for the quarter was $4.00.
The company reported quarterly net income of $152.6 million.
Watsco Inc shares had fallen by 11.8% this quarter and gained 9.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.2% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is "buy."
Wall Street's median 12-month price target for Watsco Inc is $420.00, about 12.5% above its last closing price of $367.51
This summary was machine generated from LSEG data July 29 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 4.44 | 4.00 | Missed |
Mar. 31 2026 | 1.69 | 1.87 | Beat |
Dec. 31 2025 | 1.88 | 1.68 | Missed |
Sep. 30 2025 | 4.20 | 3.98 | Missed |
Recent news on Watsco
See all newsBrief: Watsco Schedules Third Quarter Conference Call On Tuesday, October 27, 2026 At 1000 A.M. (Edt)
US RESEARCH ROUNDUP-Danaher Corporation, Illumina, Reliance
Brief: Watsco Declares $3.30 Quarterly Dividend
Watsco Inc reports results for the quarter ended June 30 - Earnings Summary
Watsco Q2 revenue up 2%; expects conventional supply-chain trends for 2026