WSO News

A rock solid balance sheet and a 4.4% dividend yield make this stock attractive for income-seeking investors.

MIAMI, April 23, 2020 -- Watsco, Inc. (NYSE: WSO) reported results for the quarter ended March 31, 2020 and provided commentary on its financial strength, culture of innovation.

NEW YORK, NY / ACCESSWIRE / April 23, 2020 / Watsco, Inc. (NYSE:WSO) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at 10:00 AM Eastern ...

After looking at Watsco, Inc.'s (NYSE:WSO) latest earnings update (31 December 2019), I found it helpful to revisit...

Air Conditioner & Heating Stocks Strong Despite Coronavirus

Watsco, Inc. (WSO) announced today that it will host a conference call to discuss its 2020 first quarter financial results on Thursday, April 23, 2020 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question and answer session with the senior management team. The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at http://www.watsco.com.

Watsco, Inc.’s (WSO) Board of Directors has declared a regular quarterly cash dividend of $1.775 on each outstanding share of its Common and Class B common stock payable on April 30, 2020 to shareholders of record at the close of business on April 15, 2020. The Company previously announced in February 2020 that its Board approved an 11% increase in its annual dividend rate to $7.10 per share following 2019’s record operating cash flow. Watsco has paid dividends for 46 consecutive years.

Watsco (WSO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Watsco, Inc. (NYSE:WSO) is about to trade ex-dividend in the next 3 days. Ex-dividend means that investors that...

These companies have fortress-like balance sheets and are willing and capable of going on the acquisition trail.

Despite coronavirus-led shutdowns, Watsco (WSO) hikes quarterly dividend by 11% to enhance shareholder value.

Watsco (WSO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) to post improved first-quarter 2020 revenues. However, higher SG&A expenses weigh on the bottom line.

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Watsco (WSO) delivered earnings and revenue surprises of -18.18% and -0.64%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Shares of Watsco (NYSE:WSO) rose 1.4% after the company reported Q1 results.Quarterly Results Earnings per share were down 18.18% year over year to $0.72, which missed the estimate of $0.87.Revenue of $1,008,000,000 higher by 8.24% year over year, which missed the estimate of $1,010,000,000.Outlook Earnings guidance hasn't been issued by the company for now.Watsco hasn't issued any revenue guidance for the time being.Details Of The Call Date: Apr 23, 2020View more earnings on WSOTime: 11:03 AM ETWebcast URL: https://edge.media-server.com/mmc/p/jy6gsuxcRecent Stock Performance 52-week high: $186.87Company's 52-week low was at $132.97Price action over last quarter: down 14.78%Company Profile Watsco is a distributor of heating, ventilation, and air-conditioning units. With more than 400 locations in 38 states, it serves more than 40,000 contractors and dealers. About 70% of revenue is derived from the residential HVAC replacement market, with the residual coming from new construction.See more from Benzinga * Stocks That Hit 52-Week Lows On Thursday * Stocks That Hit 52-Week Highs On Thursday * Guaranty Federal: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Watsco (WSO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Q4 2019 Watsco Inc Earnings Call

Q1 2020 Watsco Inc Earnings Call