Insights Ahead: Watsco's Quarterly Earnings
Portfolio Pulse from Benzinga Insights
Watsco (NYSE:WSO) is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $4.76. The company's past performance shows mixed results, with a recent EPS miss leading to a share price increase. Watsco's stock has risen 43.65% over the past year, and analysts have an 'Outperform' rating with a price target of $499.0. Watsco is a leading HVACR distributor in North America, with strong financial health indicators such as a high net margin and low debt-to-equity ratio.
October 22, 2024 | 8:03 pm
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Watsco is expected to announce its quarterly earnings with an estimated EPS of $4.76. The stock has performed well over the past year, and analysts have an 'Outperform' rating with a price target of $499.0. Investors are keen on the earnings announcement and future guidance.
Watsco's upcoming earnings announcement is highly anticipated, with a positive analyst rating and a price target suggesting potential upside. The stock's strong performance over the past year and the importance of earnings guidance contribute to a likely positive short-term impact.
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