Watsco Reports Strong Second Quarter Results and Record Cash Flow
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Watsco (WSO) Tops Q2 EPS by 39c, Revenues Beat
July 23, 2020 7:31 AM EDTWatsco (NYSE: WSO) reported Q2 EPS of $2.26, $0.39 better than the analyst estimate of $1.87. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.3 billion.
Second Quarter Results
Key performance metrics:
Earnings per share of $2.26 on net income attributable to Watsco of $87 millionSales of $1.36 billion compared to $1.37 billion last yearGross profit of $319 million (gross... More