Watsco Reports Strong Second Quarter Results and Record Cash Flow
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Watsco (WSO) Tops Q2 EPS by 39c, Revenues Beat
July 23, 2020 7:31 AM EDTWatsco (NYSE: WSO) reported Q2 EPS of $2.26, $0.39 better than the analyst estimate of $1.87. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.3 billion.
Second Quarter Results
Key performance metrics:
Earnings per share of $2.26 on net income attributable to Watsco of $87 millionSales of $1.36 billion compared to $1.37 billion last yearGross profit of $319 million (gross... More