The Latest Breaking News from Watsco

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MIAMI — On a hot June morning in Doral, the temperature is already in the upper 80s and a line of colorful trucks and vans has bellied up to a warehouse loading dock for Watsco, the leading South Florida distributor of air conditioners and heat pumps.

Watsco Inc (NYSE:WSO) reported first-quarter FY22 sales growth of 34% year-on-year to $1.52 billion, beating the consensus of $1.38 billion. On a same-store basis, the company reported a 25% sales growth. Heating, ventilation, and air conditioning (HVAC) equipment sales grew by 26%. Sales of other HVAC products rose 24%. Commercial refrigeration products sales…

  Watsco (NYSE:WSO) reported its Q1 earnings results on Thursday, April 21, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Watsco (NYSE:WSO) is set to give its latest quarterly earnings report on Thursday, 2022-04-21. Here's what investors need to know before the announcement. Analysts estimate that Watsco will report an earnings per share (EPS) of $1.77.

If history is any guide, there may be trouble ahead for shares of Watsco (NYSE:WSO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

KeyBanc analyst Jeffrey Hammond upgraded Watsco Inc (NYSE:WSO) to Overweight from Sector Weight with a price target of $320, implying an upside of 23%. The analyst believes pessimism around the residential HVAC cycle has gotten too negative near-term, while he has gotten "increasingly comfortable" that a significant portion of Watsco's recent gross margin improvement…

  Watsco (NYSE:WSO) reported its Q4 earnings results on Thursday, February 10, 2022 at 07:30 AM. Here's what investors need to know about the announcement.