Watsco (WSO) Reports In-Line Q3 EPS; Guides In-Line
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EPS Growth %: -18.7%
Financial Fact:
Less: net income attributable to noncontrolling interest: 17.42M
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Watsco (NYSE: WSO) reported Q3 EPS of $1.56, in-line with the analyst estimate of $1.56. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.15 billion.
Watsco sees FY2014 EPS of $4.20-$4.40, versus the consensus of $4.26.
Albert Nahmad, Watsco’s President & Chief Executive Officer stated: “Watsco delivered another record quarter through share gains in the United States and Canada, a stronger sales mix of high-efficiency HVAC equipment, higher gross profit margins and improved operating efficiencies.”
For earnings history and earnings-related data on Watsco (WSO) click here.
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