Shares of Watsco WSO were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share rose 64.16% year over year to $3.71, which beat the estimate of $3.00.
Revenue of $1,850,000,000 higher by 36.53% year over year, which beat the estimate of $1,670,000,000.
Guidance
Watsco hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 22, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/fvrfz4y4
Technicals
52-week high: $307.81
Company's 52-week low was at $193.96
Price action over last quarter: down 3.67%
Company Overview
Watsco is a distributor of heating, ventilation, and air-conditioning units. With more than 400 locations in 38 states, it serves more than 40,000 contractors and dealers. About 70% of revenue is derived from the residential HVAC replacement market, with the residual coming from new construction.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.