Watsco (NYSE:WSO) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.89 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Watsco (NYSE:WSO) last issued its quarterly earnings data on Thursday, February 14th. The construction company reported $1.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.04). The company had revenue of $991.32 million during the quarter, compared to the consensus estimate of $1.01 billion. Watsco had a net margin of 5.04% and a return on equity of 14.29%. Watsco’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 EPS. On average, analysts expect Watsco to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of NYSE:WSO opened at $151.33 on Monday. The company has a market capitalization of $5.68 billion, a P/E ratio of 23.32, a P/E/G ratio of 1.80 and a beta of 0.94. The company has a quick ratio of 1.69, a current ratio of 4.03 and a debt-to-equity ratio of 0.08. Watsco has a one year low of $131.88 and a one year high of $192.94.
Separately, Zacks Investment Research raised shares of Watsco from a “sell” rating to a “hold” rating in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $176.00.
Watsco Company Profile
Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.
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