Watsco (WSO.B) Scheduled to Post Quarterly Earnings on Wednesday

Watsco (NYSE:WSO.B - Get Free Report) will issue its quarterly earnings data before the market opens on Wednesday, October 23rd.

Watsco (NYSE:WSO.B - Get Free Report) last issued its earnings results on Tuesday, July 30th. The construction company reported $4.49 earnings per share (EPS) for the quarter. Watsco had a net margin of 7.02% and a return on equity of 18.55%. The firm had revenue of $2.14 billion for the quarter.

Watsco Trading Up 0.5 %

NYSE:WSO.B traded up $2.69 during midday trading on Wednesday, reaching $495.00. 55 shares of the stock traded hands, compared to its average volume of 160. The stock has a market capitalization of $19.97 billion, a P/E ratio of 37.87 and a beta of 0.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.55 and a current ratio of 3.21. The company has a fifty day moving average of $482.57 and a 200 day moving average of $461.77. Watsco has a 12 month low of $364.19 and a 12 month high of $495.00.

Watsco Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be issued a dividend of $2.70 per share. The ex-dividend date is Wednesday, October 16th. This represents a $10.80 dividend on an annualized basis and a yield of 2.18%. Watsco's dividend payout ratio is presently 82.63%.

Watsco Company Profile

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.