Watsco (NYSE:WSO) reported its Q2 earnings results on Tuesday, July 26, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Watsco missed estimated earnings by 2.38%, reporting an EPS of $4.93 versus an estimate of $5.05.
Revenue was up $284.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.13 which was followed by a 2.79% drop in the share price the next day.
Here’s a look at Watsco’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.77 | 1.69 | 3.51 | 3 |
| EPS Actual | 2.90 | 2.02 | 3.62 | 3.71 |
| Revenue Estimate | 1.38B | 1.35B | 1.82B | 1.67B |
| Revenue Actual | 1.52B | 1.51B | 1.78B | 1.85B |
To track all earnings releases for Watsco visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
