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Watsco Q1 2024 Earnings Report

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$484.33 -1.26 (-0.26%)
(As of 12/20/2024 05:17 PM ET)

Watsco EPS Results

Actual EPS
$2.17
Consensus EPS
$2.26
Beat/Miss
Missed by -$0.09
One Year Ago EPS
$2.83

Watsco Revenue Results

Actual Revenue
$1.56 billion
Expected Revenue
$1.59 billion
Beat/Miss
Missed by -$29.14 million
YoY Revenue Growth
+0.90%

Watsco Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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Watsco Earnings Headlines

Watsco initiated with a Neutral at Northcoast
AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Watsco Doubles CEO’s Stock Award to $20 Million
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About Watsco

Watsco (NYSE:WSO), together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. Watsco, Inc. was incorporated in 1956 and is headquartered in Miami, Florida.

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