Earnings Outlook For Watsco
Portfolio Pulse from Benzinga Insights
Watsco (NYSE:WSO) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $2.41. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing slight drops in share price following the announcements. Shares of Watsco have seen a 37.54% increase over the last 52 weeks, indicating positive long-term shareholder sentiment.
February 12, 2024 | 5:02 pm
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NEUTRAL IMPACT
Watsco is expected to report an EPS of $2.41 for the upcoming quarter. Historically, the company has beaten EPS estimates but experienced slight share price declines post-announcement. Shares have increased by 37.54% over the past year.
Watsco's upcoming earnings report is highly relevant to its stock price, especially given its history of beating EPS estimates but experiencing slight declines in share price post-announcement. The long-term positive performance may mitigate short-term volatility. The score is neutral due to the mixed impact of earnings beats and subsequent share price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100