Watsco Reports Record Results in 2018, Marking its 30-Year Anniversary in HVAC/R Distribution

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Watsco (WSO) Misses Q4 EPS by 4c, Revenues Miss

February 14, 2019 7:33 AM EST

Watsco (NYSE: WSO) reported Q4 EPS of $1.02, $0.04 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $991.33 million versus the consensus estimate of $1.01 billion.

Sales trends:

3% increase in total sales to a record $991 million (5% increase in domestic markets)3% growth in HVAC equipment (66% of sales)4% growth in other HVAC... More