Watsco (WSO.B) to Release Earnings on Thursday

Watsco (NYSE:WSO.B – Get Rating) is scheduled to be announcing its earnings results before the market opens on Thursday, April 21st.

Watsco (NYSE:WSO.B – Get Rating) last released its quarterly earnings data on Thursday, February 10th. The construction company reported $2.02 earnings per share (EPS) for the quarter. Watsco had a return on equity of 21.63% and a net margin of 6.67%. The business had revenue of $1.51 billion for the quarter.

NYSE:WSO.B opened at $301.25 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.70 and a quick ratio of 1.16. Watsco has a 1 year low of $139.00 and a 1 year high of $242.80. The stock’s 50 day simple moving average is $285.02 and its two-hundred day simple moving average is $290.82. The company has a market cap of $11.71 billion, a price-to-earnings ratio of 28.05 and a beta of 0.84.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 29th. Shareholders of record on Thursday, April 14th will be paid a $2.20 dividend. This is an increase from Watsco’s previous quarterly dividend of $1.95. The ex-dividend date is Wednesday, April 13th. This represents a $8.80 dividend on an annualized basis and a yield of 2.92%. Watsco’s payout ratio is presently 72.63%.

About Watsco (Get Rating)

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

Featured Stories