Watsco

Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

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Watsco excels in Q4 2022, eyes growth amidst inventory challenges

Watsco's strong financial performance, operational efficiency, and strategic focus position the company for continued success.
Addressing inventory challenges, leveraging growth opportunities, and navigating economic headwinds are key priorities for sustainable growth.
The company's emphasis on innovation, market expansion, and customer benefits underscores its commitment to long-term value creation.

Watsco reports solid Q1 earnings, eyes growth amidst industry changes

Watsco's Q1 results showcase strong financials and strategic positioning for future growth. Despite challenges in certain product sales and lead times, the company is capitalizing on opportunities in the HVAC industry.

Watsco reports solid Q2 earnings, eyes growth amid industry shifts

Watsco's Q2 2023 earnings call reflects a strong performance amidst challenges, with a focus on technology investments, margin expansion, and industry shifts. The company is managing inventory effectively, with commercial backlogs growing and heat pumps driving business growth. Opportunities lie in industry changes towards efficiency standards and refrigerant shifts, positioning Watsco for future growth.

Watsco achieves record quarter, eyes growth amid pricing challenges

Watsco's strong performance in Q3 reflects growth in key segments and improved productivity. While challenges like consumer affordability and regulatory impacts persist, the company is well-positioned for growth through strategic investments and operational efficiencies.

Watsco excels in 2023 with record cash flow and growth plans

Watsco's strong performance in 2023, marked by market share gains and record cash flow, showcases resilience and strategic growth initiatives. While facing margin challenges, the company is focused on improving profitability through price increases and cost efficiencies. With a clear focus on innovation and market expansion, Watsco is poised for continued success in the HVAC industry.

Watsco reports resilient Q1 results, eyes growth through technology and acquisitions

Watsco's Q1 performance showcased resilience and strategic growth initiatives, driving record sales and market share gains. Despite challenges in pricing dynamics and inventory management, the company's strong competitive position and focus on long-term growth bode well for future success. Opportunities for expansion and innovation abound, supported by healthy financial metrics and operational efficiency.

Watsco (WSO) reports record Q2 sales, eyes growth in energy efficiency

Watsco (WSO) showcased robust sales growth, operational efficiency improvements, and a focus on technology upgrades to meet regulatory requirements. The company's emphasis on customer-centric strategies and continuous improvement culture positions it well for future growth.

Watsco reports record Q3 sales, eyes growth through technology and compliance

Watsco's Q3 2024 performance reflects robust sales, net income, and strategic investments in technology and regulatory compliance.
While facing challenges in operational efficiency and market dynamics, the company's strengths in innovation and market positioning offer growth opportunities.
By focusing on e-commerce growth, regulatory advantages, and product optimization, Watsco is poised for continued success and market leadership.

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Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning and heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

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Watsco (WSO) is a Great Momentum Stock: Should You Buy?

Watsco's (WSO) first-quarter 2023 results reflect record sales and operating leverage despite the impact of the seasonality.

Watsco (WSO) Q1 Earnings Beat, Revenues Miss, Shares Rise

Watsco, Inc. (WSO) Q1 2023 Earnings Call Transcript.

Watsco, Inc. (WSO) Q1 2023 Earnings Call Transcript

Watsco reported earnings, which were down slightly from first-quarter-2022 levels. Investors were upbeat just the same, given that the company beat Wall Street expectations.

Why Watsco Stock Rose as Much as 12% at the Open Today

Watsco (WSO) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $2.90 per share a year ago.

Watsco (WSO) Surpasses Q1 Earnings Estimates

Entrepreneurial Culture, Industry Scale, Technology Adoption and Regulatory Changes Contribute to Strong Margins and Support Long-Term Growth Entrepreneurial Culture, Industry Scale, Technology Adoption and Regulatory Changes Contribute to Strong Margins and Support Long-Term Growth

Watsco Reports First Quarter EPS of $2.83 on Record Sales

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Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Watsco (WSO) This Earnings Season?

Watsco's (WSO) technology innovation, acquisitions and operating efficiencies are likely to get reflected in its Q1 performance amid macroeconomic woes.

Watsco (WSO) to Post Q1 Earnings: Here's What to Expect

Watsco (WSO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Watsco (WSO) Expected to Beat Earnings Estimates: Should You Buy?

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MIAMI, April 07, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 first quarter financial results on Thursday, April 20, 2023 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

Watsco's Earnings Call to Discuss First Quarter Results Scheduled on April 20, 2023

MIAMI, March 17, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) today announced that it has signed a $600 million unsecured revolving credit facility led by Bank of America, N.A. as Administrative Agent, JPMorgan Chase Bank, N.A. as Syndication Agent, and Wells Fargo Bank, National Association and U.S. Bank National Association as Documentation Agents including six other banks. In anticipation of the cessation of the London Interbank Offered Rate (“LIBOR”), this facility is linked to the new Secured Overnight Financing Rate (“SOFR”). The new facility replaces Watsco's existing $560 million unsecured revolving credit facility.

Watsco Completes $600 Million Unsecured Credit Facility

MIAMI, March 14, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan's 2023 Industrials Conference being held at J.P. Morgan's offices on Wednesday, March 15, 2023 at 9:40 a.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at www.watsco.com.

Watsco to Present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023

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Watsco (WSO) benefits from regular investments in customer-focused technologies and e-Commerce. However, supply-chain disruptions and labor woes are worrisome.

Watsco (WSO) Gains From Technologies Amid Inflationary Woes

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Watsco is expected to benefit from a mix shift toward higher-value products due to various regulatory tailwinds. Margin improvement over the last few years should be sustainable due to fundamental factors such as mix shift and higher markup realization driving it.

Watsco: Good Growth Prospects Despite Challenging Macros

Watsco has done really well for itself in terms of growing, particularly its top and bottom lines. That performance continued through its 2022 fiscal year, and the future looks bright for shareholders.

Watsco: Great Performance At A Decent Price

Watsco (WSO) reports impressive fourth-quarter 2022 earnings but revenues tumble on soft market demand.

Watsco (WSO) Q4 Earnings Beat, Revenues Miss, Shares Rise

Watsco, Inc. (NYSE:WSO ) Q4 2022 Earnings Conference Call February 16, 2023 10:00 AM ET Company Participants Albert Nahmad - Chief Executive Officer Barry Logan - Executive Vice President, Planning & Strategy and Secretary Paul Johnston - Executive Vice President Aaron Nahmad - President Conference Call Participants Tommy Moll - Stephens Inc. David Manthey - Robert W. Baird & Co. Jeffrey Sprague - Vertical Research Partners Ryan Merkel - William Blair & Company Nigel Coe - Wolfe Research, LLC Jeffrey Hammond - KeyBanc Capital Markets Inc. Joshua Pokrzywinski - Morgan Stanley Stephen Tusa - JPMorgan Chase & Co. Christopher Dankert - Loop Capital Markets LLC Operator Good morning, and welcome to the Watsco Fourth Quarter 2022 Earnings Conference Call.

Watsco, Inc. (WSO) Q4 2022 Earnings Call Transcript

The heating, ventilation, air conditioning, and refrigeration parts distributor is proving doubters wrong.

Why Shares in Dividend Investors' Favorite, Watsco, Soared This Week

Watsco (WSO) delivered earnings and revenue surprises of 10.85% and 1.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Watsco (WSO) Tops Q4 Earnings Estimates

Record Fourth Quarter EPS Generated by Record Sales, Gross Margins and Operating Efficiencies. Full-Year 2022 16% Sales Growth Leads to Record Profits, Operating Margin, EPS and Cash Flow.

News for Watsco Stock (WSO)