Watsco (NYSE: WSO) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $4.73 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $2.24 billion for this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $4.35. This considerable sum was attributed to the company's total revenue, which reached an impressive $2.13 billion during that specific quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $7.63 billion. In addition, they anticipate the company to report profit of $13.9 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.49 | +1.6% | 2.14 B | +6.8% |
| Q1 2024 | $2.17 | -23.3% | 1.57 B | +0.9% |
| Q4 2023 | $2.06 | -42.0% | 1.60 B | +1.4% |
| Q3 2023 | $4.35 | +7.9% | 2.13 B | +4.5% |
| Q2 2023 | $4.42 | -10.3% | 2.00 B | -6.1% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 23rd October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
The trading day saw Watsco (WSO) shares trading between $490.76 and $503.33, besides a volume of 228.60 thousand shares. The stock closed Monday's regular trading session at $492.22, indicating 2.09 percent downfall.
