Watsco (NYSE:WSO.B) Posts Earnings Results

Watsco (NYSE:WSO.B – Get Free Report) posted its quarterly earnings results on Tuesday. The construction company reported $3.77 EPS for the quarter, Zacks reports. Watsco had a net margin of 6.53% and a return on equity of 14.40%.

Watsco Stock Performance

Watsco stock opened at $306.48 on Tuesday. The firm has a market cap of $12.64 billion, a PE ratio of 24.65 and a beta of 0.67. The firm’s 50 day moving average price is $307.52 and its two-hundred day moving average price is $370.44. Watsco has a twelve month low of $285.84 and a twelve month high of $453.37.

Watsco Company Profile

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Watsco, Inc is a distributor of heating, air-conditioning and refrigeration equipment and related products. The company supplies residential and commercial contractors with air conditioners, furnaces, heat pumps, air handlers, water heaters, refrigeration systems, controls, replacement parts and installation supplies.

Watsco sells products from leading manufacturers, including equipment associated with the Carrier family of brands, through a network of distribution locations and sales channels.

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Earnings History for Watsco (NYSE:WSO.B)

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