Watsco Reports 2016 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/11/2026
- S&P 500, Dow futures attempt recovery ahead of inflation report
- Oracle raises full year profit guidance, stock rises after hours
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks
- Analysts split on Apple after foldable iPhone Duo debut
- JPMorgan upgrades Meta on AI models and agents, sees 'meaningful headroom'
- White House copper tariff plan stalls amid affordability concerns, sources say
- Micron's Taiwan workers to get rewards worth up to 68 months of pay
- Crude Inventory 0.4M Barrels Last Week - EIA
- Vertiv shares drop on acquisition skepticism, AI pullback
- Copart nears $2B all-cash deal to acquire ACV Auctions - Bloomberg
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Watsco (WSO) Hikes Annual Dividend 24% to $4.20/Share
July 22, 2016 7:40 AM EDTWatsco (NYSE: WSO) announced that its Board of Directors has approved a 24% increase in its annual dividend to $4.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Companys next regular dividend... More
Watsco (WSO) Misses Q2 EPS by 23c; Announces 24% Dividend Hike
July 22, 2016 7:38 AM EDTWatsco (NYSE: WSO) reported Q2 EPS of $1.82, $0.23 worse than the analyst estimate of $2.05. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.29 billion.
Albert H. Nahmad, Watscos Chairman and CEO, stated: Our summer selling season started later than normal this year, and record sales and profits in June were insufficient to offset softer business conditions during the early part of the quarter. July sales trends have accelerated to double-digit growth and we believe profits will follow. Looking long-term, we remain very positive about our basic... More
