Watsco Reports Record Second Quarter Results

Go back to Watsco Reports Record Second Quarter Results

Watsco (WSO) Misses Q2 EPS by 14c, Revenues Miss

July 18, 2019 7:32 AM EDT

Watsco (NYSE: WSO) reported Q2 EPS of $2.40, $0.14 worse than the analyst estimate of $2.54. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.39 billion.

Sales trends:

3% sales growth to a record $1.372 billion (1% increase on a same-store basis)3% growth in HVAC equipment... More