Watsco (WSO) Tops Q1 EPS by 50c

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Go back to Watsco (WSO) Tops Q1 EPS by 50c

Watsco EPS Jumps 93% Setting First Quarter Records for Sales, Operating Profit, Operating Margins and Net Income

April 22, 2021 7:30 AM EDT

Double-Digit Sales Growth, Higher Gross Margins and Operating Efficiencies Drive Record Performance

Customer-Adoption of Technologies Grows as Business Evolution Continues

MIAMI, April 22, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported record first quarter operating results, establishing new records for sales, operating income, operating margins, net income and earnings per share (EPS).

Watscos entrepreneurial culture continues to be critically important in response to the varying business conditions in the marketplace. The Company believes the pace of change and... More