Watsco (NYSE:WSO) reported its Q1 earnings results on Thursday, April 21, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Watsco beat estimated earnings by 63.84%, reporting an EPS of $2.9 versus an estimate of $1.77.
Revenue was up $388.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 2.43% drop in the share price the next day.
Here’s a look at Watsco’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.69 | 3.51 | 3 | 0.89 |
| EPS Actual | 2.02 | 3.62 | 3.71 | 1.39 |
| Revenue Estimate | 1.35B | 1.82B | 1.67B | 1.06B |
| Revenue Actual | 1.51B | 1.78B | 1.85B | 1.14B |
To track all earnings releases for Watsco visit their earnings calendar here..
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
