Watsco Reports Record Third Quarter Results and Dividend Raise to $6.40 Per Share

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Watsco (WSO) Misses Q3 EPS by 15c, Revenues Miss; Offers FY18 EPS Outlook Below Consensus

October 25, 2018 7:34 AM EDT

Watsco (NYSE: WSO) reported Q3 EPS of $2.11, $0.15 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.32 billion.

Key performance metrics:16% earnings per share (EPS) growth to a record... More