- Watsco’s third-quarter earnings per share (EPS) are at $4.22, which is lower than last year’s $4.35 and below the estimate of $4.76.
- The company’s revenue for the quarter stands at $2.16 billion, marking a 1.6% increase year-over-year. However, this is below the projected $2.24 billion.
- The operating margin decreased to 11.6%, down from last year’s 12.1%, and below the estimated 12.3%.
- Gross margin for the quarter is 26.2%, compared to 26.7% last year, and under the forecasted 27%.
- Analyst ratings for Watsco include 3 buy recommendations, 7 hold, and 3 sell.
A look at Watsco Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Watsco Inc, a company that distributes air conditioning, heating, and refrigeration equipment, along with related parts and supplies, is projected to have a positive long-term outlook according to Smartkarma Smart Scores. With strong scores in Growth, Resilience, and Momentum, Watsco Inc is showing promising signs for future performance. The company’s growth potential, ability to withstand market challenges, and favorable momentum indicate a bright future ahead.
While Watsco Inc‘s scores in Value and Dividend are not as high, the overall outlook remains optimistic due to the company’s solid performance in key areas such as Growth and Resilience. Operating primarily in the Sunbelt region of the United States, Watsco Inc has established a strong market presence and is well-positioned to capitalize on future opportunities in the air conditioning and heating industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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