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Watsco (WSO) Reports In-Line Q3 EPS; Guides In-Line

October 23, 2014 8:05 AM EDT

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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