Watsco (WSO) Expected to Announce Earnings on Wednesday

Watsco (NYSE:WSO - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $4.91 per share and revenue of $2.24 billion for the quarter.

Watsco (NYSE:WSO - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The construction company reported $1.93 earnings per share for the quarter, missing analysts' consensus estimates of $2.29 by ($0.36). The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.66 billion. Watsco had a return on equity of 17.13% and a net margin of 6.98%. Watsco's quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.17 earnings per share. On average, analysts expect Watsco to post $15 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Watsco Trading Up 0.6%

Shares of WSO stock traded up $3.05 during trading hours on Friday, reaching $487.74. The company's stock had a trading volume of 114,630 shares, compared to its average volume of 290,350. The stock has a market capitalization of $19.76 billion, a P/E ratio of 37.53 and a beta of 1.04. Watsco has a one year low of $418.31 and a one year high of $571.41. The firm's fifty day simple moving average is $453.23 and its 200 day simple moving average is $476.98.

Watsco Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th will be given a $3.00 dividend. The ex-dividend date is Wednesday, July 16th. This represents a $12.00 annualized dividend and a yield of 2.46%. Watsco's payout ratio is 92.24%.

Analyst Upgrades and Downgrades

WSO has been the subject of a number of research reports. Mizuho set a $490.00 target price on shares of Watsco in a research report on Thursday, April 24th. Wall Street Zen upgraded shares of Watsco from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Morgan Stanley set a $505.00 target price on shares of Watsco in a research note on Wednesday, July 2nd. Robert W. Baird lowered their target price on Watsco from $560.00 to $540.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Finally, UBS Group lowered their price objective on shares of Watsco from $455.00 to $450.00 and set a "neutral" rating for the company in a research report on Wednesday, June 25th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $484.17.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Watsco stock. Empowered Funds LLC raised its holdings in shares of Watsco, Inc. (NYSE:WSO - Free Report) by 4.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,927 shares of the construction company's stock after buying an additional 232 shares during the period. Empowered Funds LLC's holdings in Watsco were worth $3,013,000 at the end of the most recent reporting period. 89.71% of the stock is currently owned by hedge funds and other institutional investors.

About Watsco

Watsco, Inc, together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.