Watsco (WSO) Set to Announce Quarterly Earnings on Tuesday

Key Points

• Watsco is expected to report Q3 2026 results before markets open on October 27. Analysts forecast earnings of $4.11 per share on $2.20 billion in revenue.
• The company’s previous quarter missed expectations, with EPS of $4.00 versus the $4.41 consensus and revenue of $2.10 billion versus $2.14 billion expected. Revenue still increased 2.1% year over year.
• Shares opened at $294.24, well below their 52-week high of $459.00. Analysts have an average “Hold” rating and a consensus price target of $373.62, while Watsco’s quarterly dividend implies a 4.5% yield.

Watsco (NYSE:WSO - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $4.11 per share and revenue of $2.20 billion for the quarter. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Watsco (NYSE:WSO - Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $4.00 EPS for the quarter, missing analysts' consensus estimates of $4.41 by ($0.41). The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.14 billion. Watsco had a return on equity of 14.40% and a net margin of 6.53%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.52 earnings per share. On average, analysts expect Watsco to post $12.19 EPS for the current fiscal year and $13.37 EPS for the next fiscal year.

Watsco Stock Performance

Shares of NYSE:WSO opened at $294.24 on Tuesday. The company has a market capitalization of $12.14 billion, a P/E ratio of 25.52 and a beta of 1.06. The company's 50-day moving average is $307.07 and its 200 day moving average is $359.98. Watsco has a fifty-two week low of $277.34 and a fifty-two week high of $459.00.

Watsco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be given a $3.30 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $13.20 annualized dividend and a yield of 4.5%. Watsco's payout ratio is currently 114.48%.

Analysts Set New Price Targets

WSO has been the topic of several research reports. Weiss Ratings lowered shares of Watsco from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, October 6th. Robert W. Baird set a $400.00 price target on shares of Watsco in a research note on Thursday, July 30th. Zacks Research lowered shares of Watsco from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 22nd. DA Davidson lowered their price target on shares of Watsco from $385.00 to $330.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Finally, Morgan Stanley lowered their price target on shares of Watsco from $370.00 to $330.00 and set an "equal weight" rating on the stock in a report on Monday, October 12th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $373.62.

About Watsco

Watsco, Inc NYSE: WSO is a distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment and related products. The company supplies residential and light commercial air-conditioning and heating systems, refrigeration equipment, replacement parts, and other supplies used by contractors and service professionals.

Watsco distributes products from leading HVAC/R manufacturers, including equipment and components such as air conditioners, heat pumps, furnaces, air handlers, thermostats, controls, motors and indoor air-quality products.

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