Watsco Q2 Results Miss Estimates

RTTNews | 89 days ago
Watsco Q2 Results Miss Estimates

(RTTNews) - Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Tuesday reported that earnings allocated to shareholders for the second quarter grew to $168.80 million or $4.49 per share from $160.85 million or $4.42 per share in the prior-year quarter.

Revenues for the quarter increased 7 percent to $2.14 billion from $2.00 billion in the same quarter last year. It increased 4 percent on a same-store basis.

On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $4.68 per share on revenues of $2.18 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Watsco Q2 Results Misses Estimates - Update

Watsco Q2 Results Misses Estimates - Update

Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Tuesday reported that earnings allocated to shareholders for the second quarter declined to $160.85 million or $4.42 per share from $174.99 million or $4.93 per share in the prior-year quarter.
RTTNews | 453 days ago
Watsco Q3 Profit Rises, But Misses Estimates; Boosts Dividend 11%

Watsco Q3 Profit Rises, But Misses Estimates; Boosts Dividend 11%

Watsco, Inc. (WSO), a distribution network for heating, air conditioning and refrigeration products, on Thursday reported an increase in third-quarter earnings allocated to shareholders to a record of $143.27 million or $4.03 per share from $128.30 million or $3.62 per share in the prior-year quarter.
RTTNews | 738 days ago
Singapore Stock Market May Open Under Pressure Again On Monday

Singapore Stock Market May Open Under Pressure Again On Monday

The Singapore stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,590-point plateau and it may tick lower again on Monday.
RTTNews | 4h 18min ago
Malaysia Bourse Tipped To Extend Losing Streak

Malaysia Bourse Tipped To Extend Losing Streak

The Malaysia stock market has moved lower in five straight sessions, slipping almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,620-point plateau and it's expected to open under water again on Monday.
RTTNews | 4h 48min ago
South Korea Stock Market May Be Stuck In Neutral

South Korea Stock Market May Be Stuck In Neutral

The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and it's likely to remain rangebound again on Monday.
RTTNews | 5h 18min ago
Hong Kong Trade Data Due On Monday

Hong Kong Trade Data Due On Monday

Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 5h 49min ago
TSX Ends Modestly Lower, Drops Nearly 1.5% In Week

TSX Ends Modestly Lower, Drops Nearly 1.5% In Week

The Canadian market ended on a weak note on Friday, extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.
RTTNews | 2 days ago
Dollar Rises Against Major Counterparts

Dollar Rises Against Major Counterparts

After staying quite subdued during the Asian and European sessions, and early on in the New York session, the U.S. dollar climbed higher on Friday amid bets the Federal Reserve will be less aggressive with regard to interest rate cuts, and on speculation former President Donald Trump coming to power for a second term.
RTTNews | 2 days ago