Watsco (WSO) Tops Q4 EPS by 3c

Watsco (NYSE: WSO) reported Q4 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $904 million versus the consensus estimate of $903.64 million.

Albert H. Nahmad, Watsco’s Chairman and CEO stated: “Watsco produced another solid quarter of earnings growth, with expanded operating margins on record sales, market share gains and record cash flow. We experienced consistent growth in both residential and commercial markets, with continued strength in sales of high-efficiency replacement systems. These results are particularly satisfying given the blockbuster results we achieved in the fourth quarter of 2014. Overall, our results represent a nice finish to another excellent year.”

For earnings history and earnings-related data on Watsco (WSO) click here.

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