Watsco Inc expected to post earnings of $4.73 a share - Earnings Preview

Reuters

21 Oct 2024

* Watsco Inc is expected to show a rise in quarterly revenue when it reports results on October 23 for the period ending June 30 2024

* The Coconut Grove Florida-based company is expected to report a 5.5% increase in revenue to $2.244 billion from $2.13 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data. (TOTAL SALES/REVENUE)

* LSEG's mean analyst estimate for Watsco Inc is for earnings of $4.69 per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 0.3% in the last three months.

* Wall Street's median 12-month price target for Watsco Inc is 477.50, below its last closing price of $502.73.

Previous quarterly performance (using preferred earnings measure in US dollars).

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 4.68 4.69 4.49 Missed -4.2

Mar. 31 2024 2.32 2.28 2.17 Missed -4.7

Jan. 1 0001 2.42 2.41 2.06 Missed -14.6

Jan. 1 0001 4.28 4.29 4.35 Beat 1.5

Jan. 4.95 4.93 4.42 Missed -10.3

1 0001

Jan. 1 0001 2.32 2.36 2.83 Beat 19.7

Dec. 31 2022 2.11 2.12 3.55 Beat 67.3

Sep. 30 2022 4.49 4.37 4.03 Missed -7.8

This summary was machine generated October 21 at 15:48 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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(TOTAL SALES/REVENUE)</p><p>   * LSEG's mean analyst estimate for Watsco Inc is for earnings of $4.69 per share. </p><p>   * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy,\" 9 \"hold\" and 2 \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts had risen by about 0.3% in the last three months. </p><p>   * Wall Street's median 12-month price target for Watsco Inc is 477.50, below its last closing price of $502.73. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  4.68        4.69       4.49      Missed  -4.2</p><p>Mar. 31 2024  2.32        2.28       2.17      Missed  -4.7</p><p>Jan. 1 0001   2.42        2.41       2.06      Missed  -14.6</p><p>Jan. 1 0001   4.28        4.29       4.35      Beat    1.5</p><p>Jan.        4.95        4.93       4.42      Missed  -10.3</p><p>1 0001                                                 </p><p>Jan. 1 0001   2.32        2.36       2.83      Beat    19.7</p><p>Dec. 31 2022  2.11        2.12       3.55      Beat    67.3</p><p>Sep. 30 2022  4.49        4.37       4.03      Missed  -7.8</p><p>This summary was machine generated October 21 at 15:48 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Watsco Inc    expected to post earnings of $4.73 a share - Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWatsco Inc    expected to post earnings of $4.73 a share - Earnings Preview\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-10-21 23:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>* <a href=\"https://laohu8.com/S/WSO.B\">Watsco Inc</a>     is expected to show a rise in quarterly revenue when it reports  results on October 23 for the period ending June 30 2024</p><p>   * The Coconut Grove Florida-based  company is expected to report a 5.5% increase in revenue to $2.244 billion from $2.13 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data. (TOTAL SALES/REVENUE)</p><p>   * LSEG's mean analyst estimate for Watsco Inc is for earnings of $4.69 per share. </p><p>   * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy,\" 9 \"hold\" and 2 \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts had risen by about 0.3% in the last three months. </p><p>   * Wall Street's median 12-month price target for Watsco Inc is 477.50, below its last closing price of $502.73. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  4.68        4.69       4.49      Missed  -4.2</p><p>Mar. 31 2024  2.32        2.28       2.17      Missed  -4.7</p><p>Jan. 1 0001   2.42        2.41       2.06      Missed  -14.6</p><p>Jan. 1 0001   4.28        4.29       4.35      Beat    1.5</p><p>Jan.        4.95        4.93       4.42      Missed  -10.3</p><p>1 0001                                                 </p><p>Jan. 1 0001   2.32        2.36       2.83      Beat    19.7</p><p>Dec. 31 2022  2.11        2.12       3.55      Beat    67.3</p><p>Sep. 30 2022  4.49        4.37       4.03      Missed  -7.8</p><p>This summary was machine generated October 21 at 15:48 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WSO","symbol_name":"华斯科","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2477212860","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477212860","pubTimestamp":1729525709,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Watsco Inc     is expected to show a rise in quarterly revenue when it reports  results on October 23 for the period ending June 30 2024   * The Coconut Grove Florida-based  company is expected to r","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"WSO":"华斯科"},"translate_title":"Watsco Inc预计每股收益为4.73美元-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WSO":0.9},"content_text":"* Watsco Inc     is expected to show a rise in quarterly revenue when it reports  results on October 23 for the period ending June 30 2024   * The Coconut Grove Florida-based  company is expected to report a 5.5% increase in revenue to $2.244 billion from $2.13 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data. (TOTAL SALES/REVENUE)   * LSEG's mean analyst estimate for Watsco Inc is for earnings of $4.69 per share.    * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy,\" 9 \"hold\" and 2 \"sell\" or \"strong sell.\"     * The mean earnings estimate of analysts had risen by about 0.3% in the last three months.    * Wall Street's median 12-month price target for Watsco Inc is 477.50, below its last closing price of $502.73. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jun. 30 2024  4.68        4.69       4.49      Missed  -4.2Mar. 31 2024  2.32        2.28       2.17      Missed  -4.7Jan. 1 0001   2.42        2.41       2.06      Missed  -14.6Jan. 1 0001   4.28        4.29       4.35      Beat    1.5Jan.        4.95        4.93       4.42      Missed  -10.31 0001                                                 Jan. 1 0001   2.32        2.36       2.83      Beat    19.7Dec. 31 2022  2.11        2.12       3.55      Beat    67.3Sep. 30 2022  4.49        4.37       4.03      Missed  -7.8This summary was machine generated October 21 at 15:48 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"preview","news_rank":0,"symbols":[],"gpt_button":1}}}