Watsco

Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

Earnings data Q1 2021

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Watsco excels in Q4 2022, eyes growth amidst inventory challenges

Watsco's strong financial performance, operational efficiency, and strategic focus position the company for continued success.
Addressing inventory challenges, leveraging growth opportunities, and navigating economic headwinds are key priorities for sustainable growth.
The company's emphasis on innovation, market expansion, and customer benefits underscores its commitment to long-term value creation.

Watsco reports solid Q1 earnings, eyes growth amidst industry changes

Watsco's Q1 results showcase strong financials and strategic positioning for future growth. Despite challenges in certain product sales and lead times, the company is capitalizing on opportunities in the HVAC industry.

Watsco reports solid Q2 earnings, eyes growth amid industry shifts

Watsco's Q2 2023 earnings call reflects a strong performance amidst challenges, with a focus on technology investments, margin expansion, and industry shifts. The company is managing inventory effectively, with commercial backlogs growing and heat pumps driving business growth. Opportunities lie in industry changes towards efficiency standards and refrigerant shifts, positioning Watsco for future growth.

Watsco achieves record quarter, eyes growth amid pricing challenges

Watsco's strong performance in Q3 reflects growth in key segments and improved productivity. While challenges like consumer affordability and regulatory impacts persist, the company is well-positioned for growth through strategic investments and operational efficiencies.

Watsco excels in 2023 with record cash flow and growth plans

Watsco's strong performance in 2023, marked by market share gains and record cash flow, showcases resilience and strategic growth initiatives. While facing margin challenges, the company is focused on improving profitability through price increases and cost efficiencies. With a clear focus on innovation and market expansion, Watsco is poised for continued success in the HVAC industry.

Watsco reports resilient Q1 results, eyes growth through technology and acquisitions

Watsco's Q1 performance showcased resilience and strategic growth initiatives, driving record sales and market share gains. Despite challenges in pricing dynamics and inventory management, the company's strong competitive position and focus on long-term growth bode well for future success. Opportunities for expansion and innovation abound, supported by healthy financial metrics and operational efficiency.

Watsco (WSO) reports record Q2 sales, eyes growth in energy efficiency

Watsco (WSO) showcased robust sales growth, operational efficiency improvements, and a focus on technology upgrades to meet regulatory requirements. The company's emphasis on customer-centric strategies and continuous improvement culture positions it well for future growth.

Watsco reports record Q3 sales, eyes growth through technology and compliance

Watsco's Q3 2024 performance reflects robust sales, net income, and strategic investments in technology and regulatory compliance.
While facing challenges in operational efficiency and market dynamics, the company's strengths in innovation and market positioning offer growth opportunities.
By focusing on e-commerce growth, regulatory advantages, and product optimization, Watsco is poised for continued success and market leadership.

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Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning and heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

Sales, Operating Profit, Operating Margin and Net Income all at Record Levels

Watsco Generates Record Third Quarter Performance EPS Jumps 31% to a Record $3.62 on Record Sales of $1.78 Billion

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Watsco's (WSO) solid technology innovation, acquisitions, and solid demand for replacement and heating equipment are likely to boost Q3 results.

Factors Setting the Tone for Watsco's (WSO) Q3 Earnings

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MIAMI, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 third quarter financial results on Wednesday, October 20, 2021 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

Watsco to Host Third Quarter Earnings Call October 20, 2021 at 10:00 a.m. EDT

Watsco (WSO) is expected to generate higher returns on investment in industry-leading technologies and acquisitions along with its commitment to enhance shareholders.

Here's Why Watsco (WSO) is a Solid Investment Bet Right Now

47th Consecutive Year of Paying Dividends 47th Consecutive Year of Paying Dividends

Watsco Declares $1.95 Quarterly Dividend

MIAMI, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the Morgan Stanley 2021 Virtual Laguna Conference on Tuesday, September 14, 2021 at 4:30 p.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at http://www.watsco.com.

Watsco to Present at the Morgan Stanley Virtual Laguna Conference

Watsco has benefited from strong demand in residential HVAC, but the pace of that ongoing growth is very much up for debate, with tougher comps and moderating renovation/replacement activity.

Watsco Continues To Execute Very Well, But End-Market Demand And Valuation Are Concerns

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MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the Jefferies 2021 Virtual Industrials Conference on Tuesday, August 3, 2021 at 1:00 p.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at http://www.watsco.com.

Watsco to Present at the Jefferies 2021 Virtual Industrials Conference

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Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) post impressive second-quarter 2021 revenues.

Watsco (WSO) Q2 Earnings & Sales Beat, Margins Rise Y/Y

Watsco, Inc. (WSO) CEO Albert Nahmad on Q2 2021 Results - Earnings Call Transcript

Watsco Inc (NYSE: WSO) reported second-quarter FY21 net revenue growth of 36.5% year-on-year to $1.85 billion, beating the analyst consensus of $1.67 billion. EPS of $3.71 beat the analyst consensus of $3.00.

Watsco Shares Gain After Strong Q2 Results

Watsco (WSO) delivered earnings and revenue surprises of 17.78% and 9.55%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Watsco (WSO) Tops Q2 Earnings and Revenue Estimates

Shares of Watsco (NYSE: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.

Watsco: Q2 Earnings Insights

Strong Sales Growth, Higher Margins, Operating Efficiencies and Recent Acquisitions Drive Record Performance

Watsco EPS Jumps 64% to $3.71 Setting Records for Sales, Operating Profit, Operating Margin and Net Income

Watsco's (WSO) solid technology innovation, acquisitions, and solid demand for replacement and heating equipment are likely to boost Q2 results.

Watsco (WSO) to Report Q2 Earnings: What's in the Offing?

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MIAMI, July 12, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 second quarter financial results on Thursday, July 22, 2021 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

News for Watsco Stock (WSO)