에 대한 최신 뉴스 Watsco (NYSE:WSO) 주식

Watsco

Watsco is the largest heating, ventilation, air conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (90% of 2023 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America (5% of sales). The company's customer base consists of more than 125,000 contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.

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미국 중서부를 불태웠던 폭염이 남부로 향하자 기온이 오르면서 에어컨 제조사들과 유틸리티 기업들의 주가가 오르고 있다. 어떤 일이 (What Happened): NPR(내셔널 퍼블릭 라디오)은 중서부와 대서양 중부 지역에 일주일 넘게 무더위를 몰고 온 대규모 폭염이 이제 남쪽으로 향하고 있다고 보도했다. 이 움직임은 북부 지역이 심각한 폭풍과 광범위한 홍수에 직면하고 있기 때문이다.

미국 중서부에서 남쪽으로 향하는 폭염으로 인해 에어컨과 유틸리티 주식이 상승

Watsco Inc

WASHINGTON HSOUL PATTINSN by Washington Hsoul Pattinson & Co., Ltd.

Washington H Soul Pattinson & Co Ltd

WATSCO ORD

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 10 years by 7.1% on an annualized basis producing an average annual return of 17.53%. Currently, Watsco has a market capitalization of $18.12 billion. 
Buying $1000 In WSO: If an investor had bought $1000 of WSO stock 10 years ago, it would be worth $5,006.88 today based on a price of $449.55 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725647413_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Here's How Much You Would Have Made Owning Watsco Stock In The Last 10 Years

Watsco, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wso#NYSE">WSO</a>) is benefiting from consistent investments in technological advancements and strategic buyouts. Also, the solid performance of heating, ventilation and air conditioning (HVAC) equipment and commercial refrigeration products segments added to the uptrend. It is steadily advancing toward its goal of expanding customer-focused technologies to a growing number of contractors.
Apart from Watsco&#39;s technology investments that are expected to drive future growth, WSO anticipates that industry-driven catalysts will support ongoing growth and profitability. These factors, along with its scale, technology platforms, OEM relationships and entrepreneurial culture, offer competitive advantages that position the company favorably for the long term.
Shares of WSO have increased 24.9% in the past six months compared with the Zacks Building Products - Air Conditioner and Heating industry&#39;s growth of 20.4%. The Zacks Consensus Estimate for WSO&#39;s 2024 sales and earnings per share indicates a rise of 4.7% and 1.2%, respectively, from the year-ago period&#39;s levels. However, seasonal sales trends, along with increased costs and expenses, are a concern.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/1a/75432.jpg?v=1544056950" />
Image Source: Zacks Investment Research
Let us discuss the factors that highlight why investors should retain the stock now.
<h3>Factors Driving Watsco&#39;s Growth</h3>
Technology Investment to Fuel Growth: Watsco is consistently investing in industry-leading technologies to remodel customer experience. It is using various new technologies to transform the homeowner experience, which will help the company expand its customer base. Currently, it has the industry&#39;s largest database of digitized product information, with more than 1.5 million SKUs being used by more than 375,000 technical contractors and technicians annually via the Product Information Management database. Also, its HVAC Pro+ Mobile apps provide customers with real-time access to critical information that improves their speed and productivity. The authenticated user community rose 12% over the 12 months ending Jun 30, 2024, reaching around 60,000 users.
During second-quarter 2024, Watsco&#39;s e-commerce sales, driven by various technology platforms, contributed 36% to total sales and rose 13% year over year. E-commerce growth continued to surpass overall sales growth, including revenues from recently-acquired businesses now using Watsco&#39;s technology. WSO is benefiting from the increasing adoption of its innovative technology platforms by a growing number of contractors. Ongoing updates to these platforms are well-positioned to support the launch of new low GWP A2L systems, aligning with federal regulatory changes that offer significant growth opportunities in the coming years.
Additionally, energy efficiency mandates that took effect last year are driving upgrades to higher efficiency systems. The trend toward electrification of fossil fuel heating also boosted heat pump sales, contributing to continued growth.
Expansion Through Acquisitions: Acquisitions have been Watsco&#39;s preferred mode of solidifying its product portfolio and leveraging new business opportunities to increase its customer base and profitability. The company completed 69 acquisitions, which are key drivers of growth and scale. The company&#39;s &lsquo;buy and build&#39; strategy focuses on investing in new locations, expanding product offerings and leveraging its technology platform.
As of June 2024, the company acquired three businesses with collective average sales of about $200 million annually. These new companies helped Watsco reach new markets along with offering investment interests for fostering innovation. In February 2024, the company completed the acquisition of Commercial Specialists, an HVAC &amp; Plumbing distributor, operating at two locations in Southern Ohio.
Strong Liquidity to Reward Shareholders: The company&#39;s robust liquidity positions it well to continue rewarding shareholders. Warsco ended second-quarter 2024 with cash and cash equivalents of $224.9 million, reflecting an increase from $210.1 million in 2023 end. The company has sufficient funds to meet the short-term obligation of $104.4 million.
Watsco has been paying cash dividends for 50 consecutive years. It has been consistently focusing on sharing its cash flows with shareholders along with maintaining a strong financial position. The company increased dividends consecutively over the last 12 years. On Apr 1, 2024, the company raised its quarterly dividend by 10% to $2.70 per share (or $10.80 per share annually).
<h3>Concerns</h3>
Higher Costs: Watsco is affected by a persisting fixed cost inflation headwind. An increase in variable operating expenses such as freight and delivery costs, temporary labor and fixed costs (like rent) are potential headwinds. In the second quarter, gross margin contracted 100 basis points (bps) year over year to 27.1% due to the impact of pricing and sales mix for HVAC equipment.
Seasonality and Weather Woes: Sales of residential central air conditioners, heating equipment, and parts and supplies have historically been seasonal. Watsco&#39;s profitability will be impacted favorably or unfavorably, based on the severity or mildness of weather patterns during the summer or winter selling seasons. The company&#39;s first and fourth quarters of each calendar are severely affected by seasonality due to the nature and timing of HVAC systems replacement.
<h3>Key Picks</h3>
Here are some better-ranked stocks from the Construction sector.
EMCOR Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>) presently flaunts a Zacks Rank #1 (Strong Buy). It has a trailing four-quarter earnings surprise of 36.5%, on average.
The consensus estimate for EME&#39;s 2024 earnings per share indicates an improvement of 34.9% from the prior-year levels.
Armstrong World Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/awi#NYSE">AWI</a>) currently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter earnings surprise of 15.4%, on average.
The consensus estimate for AWI&#39;s 2024 sales and EPS indicates growth of 10.1% and 14.1%, respectively, from the prior-year reported levels.
Advanced Drainage Systems, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wms#NYSE">WMS</a>) currently sports a Zacks Rank #2. WMS delivered a trailing four-quarter earnings surprise of 23.2%, on average.
The Zacks Consensus Estimate for WMS&#39; fiscal 2025 sales and EPS indicates growth of 4.7% and 12.4%, respectively, from the prior-year reported levels.
<a href="https://www.zacks.com/stock/news/2327132/here-s-why-investor-should-retain-watsco-wso-stock-for-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327132">To read this article on Zacks.com click here.</a>

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Here's Why Investor Should Retain Watsco Stock for Now

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 10 years by 6.86% on an annualized basis producing an average annual return of 17.63%. Currently, Watsco has a market capitalization of $19.11 billion. 
Buying $100 In WSO: If an investor had bought $100 of WSO stock 10 years ago, it would be worth $505.76 today based on a price of $474.20 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724088611_0_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Watsco 10 Years Ago Would Be Worth This Much Today

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 20 years by 7.04% on an annualized basis producing an average annual return of 15.34%. Currently, Watsco has a market capitalization of $18.59 billion. 
Buying $100 In WSO: If an investor had bought $100 of WSO stock 20 years ago, it would be worth $1,718.99 today based on a price of $461.27 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722965422_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,700 Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$58.00</td>
<td>$25.3K</td>
<td>2.4K</td>
<td>1.5K</td>
</tr>
<tr>
<td>EOSE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.50</td>
<td>$52.3K</td>
<td>15.1K</td>
<td>1.3K</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$370.00</td>
<td>$198.0K</td>
<td>2.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$66.8K</td>
<td>619</td>
<td>607</td>
</tr>
<tr>
<td>WSO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$450.00</td>
<td>$171.6K</td>
<td>541</td>
<td>541</td>
</tr>
<tr>
<td>ODFL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$185.00</td>
<td>$70.0K</td>
<td>514</td>
<td>427</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$38.00</td>
<td>$45.8K</td>
<td>492</td>
<td>361</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$710.00</td>
<td>$351.4K</td>
<td>842</td>
<td>195</td>
</tr>
<tr>
<td>FTAI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$29.5K</td>
<td>200</td>
<td>116</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$80.00</td>
<td>$34.5K</td>
<td>5</td>
<td>82</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on August 16, 2024. This event was a transfer of 105 contract(s) at a $58.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $241.0 per contract. There were 2457 open contracts at this strike prior to today, and today 1593 contract(s) were bought and sold. 
• For EOSE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>), we notice a call option trade that happens to be bearish, expiring in 532 day(s) on January 16, 2026. This event was a transfer of 499 contract(s) at a $1.50 strike. The total cost received by the writing party (or parties) was $52.3K, with a price of $105.0 per contract. There were 15174 open contracts at this strike prior to today, and today 1364 contract(s) were bought and sold. 
• For DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a put option sweep that happens to be bearish, expiring in 14 day(s) on August 16, 2024. This event was a transfer of 89 contract(s) at a $370.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $198.0K, with a price of $2225.0 per contract. There were 2431 open contracts at this strike prior to today, and today 1013 contract(s) were bought and sold. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 77 day(s) on October 18, 2024. This event was a transfer of 44 contract(s) at a $170.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $66.8K, with a price of $1519.0 per contract. There were 619 open contracts at this strike prior to today, and today 607 contract(s) were bought and sold. 
• For WSO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>), we notice a put option trade that happens to be bearish, expiring in 168 day(s) on January 17, 2025. This event was a transfer of 52 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $171.6K, with a price of $3300.0 per contract. There were 541 open contracts at this strike prior to today, and today 541 contract(s) were bought and sold. 
• For ODFL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>), we notice a put option trade that happens to be bullish, expiring in 14 day(s) on August 16, 2024. This event was a transfer of 350 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $200.0 per contract. There were 514 open contracts at this strike prior to today, and today 427 contract(s) were bought and sold. 
• For UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we notice a put option sweep that happens to be bullish, expiring in 140 day(s) on December 20, 2024. This event was a transfer of 163 contract(s) at a $38.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $281.0 per contract. There were 492 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold. 
• Regarding URI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), we observe a put option trade with bearish sentiment. It expires in 49 day(s) on September 20, 2024. Parties traded 56 contract(s) at a $710.00 strike. The total cost received by the writing party (or parties) was $351.4K, with a price of $6276.0 per contract. There were 842 open contracts at this strike prior to today, and today 195 contract(s) were bought and sold. 
• Regarding FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we observe a call option sweep with neutral sentiment. It expires in 49 day(s) on September 20, 2024. Parties traded 82 contract(s) at a $115.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.5K, with a price of $360.0 per contract. There were 200 open contracts at this strike prior to today, and today 116 contract(s) were bought and sold. 
• For CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a put option trade that happens to be bullish, expiring in 28 day(s) on August 30, 2024. This event was a transfer of 60 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $575.0 per contract. There were 5 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Industrials Stocks With Whale Alerts In Today's Session

Watsco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) reported worse-than-expected <a href="https://www.benzinga.com/news/earnings/24/07/40046548/watsco-shares-dip-5-after-q2-eps-and-sales-fall-short-of-expectations">second-quarter financial results on Tuesday</a>.
The company reported quarterly earnings per share of $4.49, missing the street view of $4.67. Sales of $2.14 billion missed the analyst consensus of $2.19 billion. Revenue increased 7% year over year (4% increase on a same-store basis). Gross profit increased 3% to $580 million, with 27.1% gross margin.
"We now look ahead to the next important regulatory transition and the introduction of new products by our OEM partners later this year," said Albert H. Nahmad, Watsco's Chairman and CEO.
Watsco shares gained 1.4% to trade at $487.65 on Wednesday.
These analysts made changes to their price targets on Watsco following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587639df5064ed0001400135/david-manthey">Baird analyst David Manthey</a> maintained Watsco with an Outperform rating, while raising the price target from $460 to $522.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587781de5064ed0001730078/stephen-tusa">JP Morgan analyst Stephen Tusa</a> maintained Watsco with a Neutral and boosted the price target from $420 to $425.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/40068197/jim-cramer-says-this-home-improvement-chain-is-a-buy-ahead-of-fed-rate-cut-cycle-i-would">Jim Cramer Says This Home Improvement Chain Is A Buy Ahead Of Fed Rate Cut Cycle: &#8216;I Would Pick Some Up Tomorrow&#8217;</a></li>
</ul>

Price Target

Watsco Analysts Increase Their Forecasts Following Q2 Results

JP Morgan analyst Stephen Tusa maintains Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) with a Neutral and raises the price target from $420 to $425.

JP Morgan Maintains Neutral on Watsco, Raises Price Target to $425

Baird analyst David Manthey maintains Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) with a Outperform and raises the price target from $460 to $522.

Baird Maintains Outperform on Watsco, Raises Price Target to $522

Watsco, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wso#NYSE">WSO</a>) reported mixed second-quarter 2024 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same. On a year-over-year basis, both the top and bottom lines grew, given better residential end-markets and improved SG&amp;A performance.
Following the announcement, shares of Watsco lost 1.1% on Jul 30.
Watsco is steadily advancing toward its goal of expanding customer-focused technologies to a growing number of contractors. Its e-commerce sales have surged at nearly twice the pace of its overall sales, highlighting success in scaling industry-leading tools and platforms. Additionally, mobile platforms are engaging a record number of contractors and technicians, which is expected to enhance operating efficiencies over time.
In the first half of 2024, OnCallAir presented quotes to around 160,000 households, marking an 18% increase compared to the same period last year. Additionally, it generated $743 million in gross merchandise value, a 27% increase year over year.
<div class="chart_embed">
<h3>Watsco, Inc. Price, Consensus and EPS Surprise</h3>
<img alt="Watsco, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/9f/1722354838.png" style="height:265px; width:591px" title="" />
Watsco, Inc. price-consensus-eps-surprise-chart | Watsco, Inc. Quote
</div>
<h3>Inside the Numbers</h3>
Watsco reported quarterly earnings per share of $4.49, which lagged the Zacks Consensus Estimate of $4.70 by 4.5%. In the year-ago quarter, the company reported adjusted EPS of $4.42.
Revenues of $2.14 billion topped the consensus mark of $2.13 billion by 0.3% and grew 6.8% year over year.
Sales of HVAC equipment (heating, ventilating and air conditioning, comprising 71% of sales) were up 8% year over year. Sales of other HVAC products (25% of sales) dropped 1% from the year-ago quarter. On the other hand, sales from commercial refrigeration products (4% of sales) increased 1% year over year.
Second-quarter sales indicate a stronger residential market, with 6% growth in ducted residential units and a 3% rise in the average selling price. Additionally, sales of commercial products increased 8% during the quarter, building on 18% growth recorded in the year-ago quarter.
E-commerce sales continue to surpass overall sales growth, increasing 13% during the quarter and accounting for 36% of total sales, including revenues from recently acquired businesses. In some regions, e-commerce sales make up more than 60% of total sales.
<h3>Operating Highlights</h3>
The gross margin contracted 100 basis points (bps) in the second quarter to 27.1%. Our model predicted the gross margin to contract 30 bps year over year. SG&amp;A expenses, as a percentage of sales, decreased 20 bps year over year to 15% in the quarter, much better than our expectation of an increase of 10 bps year over year.
The operating margin declined 70 bps year over year in the second quarter to 12.6%. Our estimate for the metric was 13%.
<h3>Financial Operations</h3>
As of Jun 30, 2024, Watsco&#39;s cash and cash equivalents, along with short-term cash investments, totaled $424.9 million, up from $210.1 million at the end of 2023. The company has no borrowings under its unsecured $600 million credit facility, providing substantial access to capital for new growth opportunities.
In the first six months of 2024, net cash provided by operating activities was $161.4 million compared with a net cash outflow of $89.2 million in the same period last year.
Watsco has paid dividends for 50 consecutive years and increased its annual dividend rate by 10% to $10.80 per share, effective April 2024.
<h3>Zacks Rank &amp; Some Recent Construction Releases</h3>
Watsco currently carries a Zacks Rank #3 (Hold).
United Rentals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uri#NYSE">URI</a>) reported mixed second-quarter 2024 results. The company&#39;s EPS surpassed the Zacks Consensus Estimate, but revenues missed the same. Nonetheless, both metrics registered improvement on a year-over-year basis.
United Rentals achieved record highs in revenues, adjusted EBITDA, and EPS. The company&#39;s performance aligns with its expectations for the year, driven by the successful integration of Yak. This acquisition enhances URI&#39;s strategy to expand its specialty rental business, enhance its one-stop-shop offerings, and leverage opportunities for both secular growth and cross-selling.
KBR, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis.
KBR performed well across key metrics and expects this trend to continue for the rest of the year. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.
Otis Worldwide Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/otis#NYSE">OTIS</a>) reported mixed results in the second quarter of 2024. Its adjusted earnings topped the Zacks Consensus Estimate and grew year over year. The company reported better-than-expected earnings in the trailing seven quarters. However, quarterly net sales missed the consensus mark and declined on a year-over-year basis.
Otis expects net sales between $14.3 billion and $14.5 billion compared with the prior mentioned $14.5-$14.8 billion. Organic sales growth is projected to be 1-3%, down from the prior stated 3-5%. Organic New Equipment sales are expected to be down in the mid-single digits, and organic Service sales are expected to be 6-7%.
<a href="https://www.zacks.com/stock/news/2312275/watsco-wso-q2-earnings-lag-revenues-beat-margins-down-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2312275">To read this article on Zacks.com click here.</a>

Earnings Misses

OTIS

Watsco Q2 Earnings Lag, Revenues Beat, Margins Down Y/Y

General

CORRECTION: Watsco Did Not Report A $600M Buyback.

WIIM

Watsco shares are trading lower after the company reported worse-than-expected Q2 financial results.

Watsco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) shares are trading lower on Tuesday <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">after reporting second-quarter results.</a>
The company reported quarterly earnings per share of $4.49, missing the street view of $4.67. Sales of $2.14 billion missed <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g40033919/watsco-reports-record-sales-enhanced-operating-efficiency-and-strong-cash-flow-during-second-quart" rel="noreferrer noopener">the analyst consensus of $2.19 billion.</a>
Revenue increased 7% year over year (4% increase on a same-store basis). Gross profit increased 3% to $580 million, with 27.1% gross margin.
Second quarter sales reflect 6% growth in ducted residential units and a 3% increase in average selling price. In addition, sales of commercial products grew 8% during the quarter on top of the 18% growth achieved during the comparable period last year.
&#8220;We now look ahead to the next important regulatory transition and the introduction of new products by our OEM partners later this year,&#8221; said Albert H. Nahmad, Watsco&#8217;s Chairman and CEO.
Also Read:&nbsp;<a target="_blank" href="https://benzinga.com/news/24/07/40031872/tesla-recalls-over-1-8m-vehicles-over-concerns-of-unlatched-hood-opening-when-driving" rel="noreferrer noopener">Tesla Recalls Over 1.8M Vehicles Over Concerns Of Unlatched Hood Opening When Driving</a>
As of June-end, Watsco had $425 million of cash and short-term investments and no borrowings under its unsecured $600 million credit facility, providing significant access to capital to invest in new growth opportunities.
&#8220;We are also prepared to partner with other great family businesses in our industry. Our scale, technology and entrepreneurial culture gives us confidence in the growth outlook,&#8221; Nahmad added.
Price Action: WSO shares are trading lower by 4.8% to $479.48 at last check Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/partner/forex/24/07/39905086/axi-invites-traders-to-dip-their-toes-into-its-capital-allocation-offering-with-free-and-early-acce" target="_blank" rel="noreferrer noopener">Tesla Replaces Ford As Morgan Stanley&#8217;s &#8216;Top Pick&#8217; As Brokerage Sees Potential In EV Giant&#8217;s Energy And Service Segments</a></li>
</ul>

Equities

Watsco Shares Dip 5% After Q2 EPS And Sales Fall Short Of Expectations

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) reported quarterly earnings of $4.49 per share which missed the analyst consensus estimate of $4.67 by 3.85 percent. This is a 1.58 percent increase over earnings of $4.42 per share from the same period last year. The company reported quarterly sales of $2.14 billion which missed the analyst consensus estimate of $2.19 billion by 2.33 percent. This is a 6.79 percent increase over sales of $2.00 billion the same period last year.

Watsco Q2 EPS $4.49 Misses $4.67 Estimate, Sales $2.14B Miss $2.19B Estimate

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 15 years by 4.0% on an annualized basis producing an average annual return of 16.25%. Currently, Watsco has a market capitalization of $19.92 billion. 
Buying $1000 In WSO: If an investor had bought $1000 of WSO stock 15 years ago, it would be worth $9,637.36 today based on a price of $494.30 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721660431_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $9,600 Today

Watsco's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) short percent of float has fallen 11.68% since its last report. The company recently reported that it has 3.07 million shares sold short, which is 10.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 8.97 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Watsco Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721322916_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Watsco has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Watsco's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Watsco's peer group average for short interest as a percentage of float is 3.92%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(WSO) - Analyzing Watsco's Short Interest

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Shares of companies within the broader industrial sector are trading higher following Core Retail Sales and Retail Sales economic data. Also, strength may be due to trader optimism that the Fed will cut rates.

Comfort Systems USA, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fix#NYSE">FIX</a>) shares soared 51.6% year to date (YTD), outperforming the Zacks Building Products - Air Conditioner and Heating industry&#39;s 18.2% growth. The stock even fared better than the broader Construction sector&#39;s 3% rise. This leading provider of commercial, industrial, and institutional heating, ventilation, air conditioning, and electrical contracting services has been benefiting from sustained demand for its offerings and a solid backlog. Innovation remains at the forefront of its operations. Strong market conditions in the technology and manufacturing sectors, combined with FIX&#39;s robust project pipeline, provide a solid foundation for future performance.
The first quarter of 2024 brought impressive financial performance for Comfort Systems USA, marking it as a strong contender in the HVAC and mechanical services market. Earnings per share increased from the first quarter of 2023 by over a dollar. Its backlog saw a notable increase and generated more than $140 million in cash flow. The Mechanical business experienced significant improvement, and profitability in the Electrical segment reached unprecedented levels. Construction and service sectors continued to flourish, with sustained demand bolstering growth.
EBITDA nearly doubled to $170 million in the first quarter, a substantial increase from $90 million a year ago, with same-store EBITDA growing more than 70%. The company anticipates maintaining strong EBITDA margins throughout 2024, potentially matching or exceeding 2023 levels. Operating income also saw a significant boost in the quarter, with the operating margin increasing to 8.8% from 6.0% in the prior year, driven by improved gross profit margins and favorable SG&amp;A leverage.
<h3>Stock Performance</h3>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a6/70413.jpg?v=791182243" />
Image Source: Zacks Investment Research
<h3>Factors Supporting Growth</h3>
Sustained Demand From Technology &amp; Manufacturing Sectors 
Having historically grown through organic means as well as acquisitions of numerous peers and competitors, Comfort Systems USA provides mechanical and electrical contracting services. The company&#39;s first-quarter revenues reported 31% year-over-year growth, attributable to a 23% rise in same-store revenues and an additional $96 million from acquisitions. Mechanical segment revenues (which accounted for 77.2% of its quarterly total revenues) soared 29%, while the Electrical segment (22.9% of its total revenues) witnessed a remarkable 37% increase. The company attributed part of this growth to less seasonality, with more projects in warmer climates.
Notably, the solid same-store activity reflects strong market conditions and robust demand across key sectors. Notably, the technology and manufacturing sectors, including data centers, chip plants, food, and pharmaceuticals, have been pivotal in driving this growth. 
Inorganic Efforts 
Acquisitions have been instrumental in propelling Comfort Systems USA&#39;s growth over the years. These strategic moves have not only broadened FIX&#39;s operational scope but have also integrated seamlessly to enhance revenue streams. For the past 16 years, the company has devoted an average of 75% of its capital to acquisitions.
On Feb 1, 2024, FIX acquired Summit Industrial Construction, LLC, and J &amp; S Mechanical Contractors, Inc. within its mechanical segment. These recent acquisitions, along with those in 2023, including DECCO and Eldeco, collectively contributed approximately 8.1% to Comfort Systems USA&#39;s revenue growth in the first quarter of 2024. 
Solid Backlog Level 
A critical factor supporting FIX&#39;s sustained growth is its solid backlog, which reached a record $5.9 billion at the end of the first quarter. This represents a significant increase of $1.5 billion, or 33%, compared to last year. The backlog growth is balanced between same-store growth and contributions from acquisitions, underscoring the company&#39;s robust pipeline. The sequential backlog increased $754 million, with $612 million from acquisitions and $142 million from same-store activity. This indicates a consistent and strong pipeline of projects, ensuring future revenue streams. The backlog&#39;s composition aligns with high-demand areas such as data centers, chip fabrication, battery plants, life sciences, and food. This strategic focus positions FIX well to capitalize on sector-specific growth trends. 
Solid Liquidity &amp; Dividend 
Comfort Systems USA is a financially robust company, holding $100.8 million in cash and carrying $89.9 million in debt as of Mar 31, 2024. This positions the company to potentially repay all its debt immediately, leaving $10.9 million in cash on hand. With this strong net cash position, Comfort Systems USA has the flexibility to pursue additional debt, distribute capital to shareholders, or pursue growth opportunities.
The company has effectively managed its cash flow, benefiting from advanced payments for future work. Operating cash flow has exceeded earnings by approximately $300 million on a trailing 12-month basis, allowing the company to invest in growth and acquisitions while reducing interest costs. Despite large cash payments for recent acquisitions, total debt stood at $90 million, with no funded debt from banks as of Mar 31, 2024.
Over the past 16 years, Comfort Systems USA has consistently allocated an average of 11% of its capital toward dividend payments to shareholders. Supported by steady free cash flow and a resilient balance sheet, the company has increased its dividend payout for the past 12 consecutive years, underscoring its commitment to shareholder rewards.
FIX is currently paying an annual cash dividend of $1.20 per share, which translates to a payout ratio of around 10%. 
Stock Valuation 
FIX&#39;s stock is currently undervalued compared to its industry, as shown in the chart below. Despite the company&#39;s shares&#39; outperformance compared to its industry, FIX&#39;s current valuation is still considered undervalued. This might imply that the market has not yet fully recognized or priced in the company&#39;s potential growth prospects or earnings potential. The company is also trading currently at a discount compared to other industry players like Watsco, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wso#NYSE">WSO</a>) and AAON, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaon#NASDAQ">AAON</a>) but premium to EMCOR Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eme#NYSE">EME</a>).
Again, FIX&#39;s trailing 12-month return on equity (ROE) of 28.6% is better than its peer group average of 22.1%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/a6/70416.jpg?v=317156002" />
Image Source: Zacks Investment Research
<h3>What&#39;s Hindering the Stock?</h3>
Tough Comparisons 
While the company&#39;s performance remains promising, FIX faces tougher prior-year comparable results for the remainder of 2024. Gross margin is expected to remain strong, although it may fluctuate due to amortization and purchase-related adjustments. 
Cash Flow Headwind 
FIX has experienced some positive momentum in the first quarter, especially with advanced payments for upcoming work. However, the normalization of pre-bookings and equipment advances could pose cash flow challenges in the future. Keeping an eye on how the company manages these transitions will be crucial. 
FIX Trading Below 50-Day Moving Average 
Comfort Systems USA&#39;s shares are currently trading well below the 50-day moving average from June-end. As of Jul 3, 2024, the stock closed at $311.85, which is below its 52-week high of $352.45 but significantly above its 52-week low of $151.89.
<h3>FIX Price Movement vs 50-Day Moving Average</h3>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/6c/70415.jpg?v=394496977" />
Image Source: Zacks Investment Research&nbsp; 
FIX Estimate Movement 
The Zacks Consensus Estimate for 2024 EPS has remained unchanged over the past 60 days. This depicts that there is limited upside potential for the stock as of now. Yet, the estimated figure indicates 36.2% year-over-year growth for 2024. FIX delivered a trailing four-quarter earnings surprise of 20%, on average.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/33/70414.jpg?v=834482638" />
Image Source: Zacks Investment Research
<h3>Investment Thoughts</h3>
The company&#39;s resilient same-store activity, strategic acquisitions, record backlog, strategic cash management, impressive valuation and solid returns provide a solid foundation. 
However, caution is warranted due to the challenges ahead, including tougher year-over-year comparisons and potential cash flow headwinds as pre-bookings normalize. Existing stakeholders should maintain their position in this Zacks Rank #3 (Hold) stock, while potential new investors may wait for more clarity on how FIX manages these pressures and navigates the broader economic environment before making new investment decisions.
<a href="https://www.zacks.com/stock/news/2297346/comfort-systems-usa-surges-52-ytd-what-s-next-for-fix?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2297346">To read this article on Zacks.com click here.</a>

AAON

Comfort Systems USA Surges 52% YTD: What's Next for FIX?

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 15 years by 3.93% on an annualized basis producing an average annual return of 16.91%. Currently, Watsco has a market capitalization of $19.18 billion. 
Buying $100 In WSO: If an investor had bought $100 of WSO stock 15 years ago, it would be worth $1,033.22 today based on a price of $475.90 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1719955833_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Watsco 15 Years Ago Would Be Worth This Much Today

Shares for air conditioner manufacturers and utility companies are rising with the temperatures <a href="https://www.benzinga.com/markets/equities/24/06/39401498/extreme-heat-waves-set-to-drive-up-us-natural-gas-prices-10-energy-stocks-to-watch-this-summer">as a heat wave</a> that has scorched the Midwest makes its way to the South.
What Happened: A major heat wave that brought sweltering temperatures to the Midwest and Mid-Atlantic for more than a week is now headed to the South, as the more northern regions face severe storms and widespread floods, NPR <a href="https://www.npr.org/2024/06/22/g-s1-5772/heat-wave-storms-midwest-east-coast">reported</a>.
As of Sunday, more than 123 million people across multiple U.S. states were under heat advisories including South Dakota, Nebraska, Kansas, Oklahoma, Iowa, Missouri, Arkansas, Louisiana, Florida, Connecticut, Pennsylvania, New York, New Jersey, Delaware, Virginia, Maryland and North Carolina.
The Midwest began to see temperatures fall this weekend, while a heat wave In the South that is forecast to take temperatures over 100 degrees is expected to appear early this week, according to NPR.
Also Read: <a href="https://www.benzinga.com/news/24/06/39410137/wall-streets-most-accurate-analysts-say-hold-these-3-utilities-stocks-with-over-5-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields</a>
The extreme temperatures are caused by a heat dome — a high pressure system that pushes hot air down and traps it — that is becoming more common and intense due to climate change.
Some parts of Mississippi experienced heat indexes of 105 to 110 degrees on Sunday and the scorching temperatures will last through Tuesday,&nbsp;The National Weather Service in Jackson said. 
The heat index is forecast to exceed 100 degrees in middle Tennessee from Sunday to Tuesday, according to NWS Nashville.
Meteorologists in Arkansas said Little Rock and surrounding areas were under &#8220;extreme risk&#8221; on Monday and Tuesday, NPR reported.
Price action: Generac Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>) gained 1.66% by Monday&#8217;s mid-day trading, while Comfort Systems USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>) ticked up 0.34% and Watsco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) improved 1.36%. Lennox International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) gained 1.02% and Carrier Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) jumped 3.19%.
Utilities also rose with the heat on Monday by mid-day. American Electric Power Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>), which provides electricity to 11 states in the Midwest and the South, gained 0.97, while CenterPoint Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>), which also makes energy for these regions, edged up 0.74%. Entergy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>), which provides service to Louisiana, Mississippi, Arkansas and Texas, is up 1.74%. CMS Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>), a Michigan utility, gained 1.5% by mid-day.
Read Now: <a href="https://www.benzinga.com/news/24/06/39410137/wall-streets-most-accurate-analysts-say-hold-these-3-utilities-stocks-with-over-5-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields</a>
Photo: <a href="https://www.shutterstock.com/g/Kagool">Marc Bruxelle</a> via Shutterstock

Air Conditioner, Utilities Shares Climb As Heat Wave Heads From Midwest To The South

Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) has outperformed the market over the past 5 years by 10.74% on an annualized basis producing an average annual return of 24.08%. Currently, Watsco has a market capitalization of $19.34 billion. 
Buying $100 In WSO: If an investor had bought $100 of WSO stock 5 years ago, it would be worth $292.81 today based on a price of $479.94 for WSO at the time of writing.
<h3>Watsco's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718992837_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Watsco 5 Years Ago Would Be Worth Today

Mizuho Securities analyst Brett Linzey has maintained their neutral stance on WSO stock, giving a Hold rating yesterday. Brett Linzey's rating is b...

Watsco Analysis: Hold Rating with Adjusted EPS and Raised Price Target Amid Market Shifts

The 4 Factor Dividend Growth Strategy - Up 35.7% In Fiscal Year 2

Analysts fell to the sidelines weighing in on Landstar System (LSTR – Research Report), Fortune Brands Innovations (FBIN – Research Report) and Wat...

Analysts Are Neutral on These Industrial Goods Stocks: Landstar System (LSTR), Fortune Brands Innovations (FBIN)

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Watsco: Good Growth Prospects, But Premium Valuation Limits Upside

Watsco declares $2.70 dividend

Top 50 High Quality Dividend Stocks - September 2024 Results

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TSCO

Press Releases

Watsco to Present at the J.P. Morgan 2024 Industrials Conference

Watsco Boosts Annual Dividend 10% to $10.80 Per Share

Watsco's Earnings Call to Discuss First Quarter Results Scheduled on April 24, 2024

Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season

Watsco to Present at William Blair's 44th Annual Growth Stock Conference in Chicago on June 4, 2024 at 3:20 p.m. CDT

Watsco Declares $2.70 Quarterly Dividend

Watsco's Second Quarter Earnings Call Scheduled on July 30, 2024

Watsco Reports Record Sales, Enhanced Operating Efficiency and Strong Cash Flow During Second Quarter

Watsco to Present at the 12th Annual Morgan Stanley Laguna Conference on September 11, 2024 at 3:10 p.m. PDT

Comments

Watsco

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에 대한 최신 뉴스 Watsco (NYSE:WSO) 주식

화요일, 6월 25, 2024

사람들이 또한 지켜본다

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