Watsco: Q2 Earnings Snapshot
MIAMI (AP) — MIAMI (AP) — Watsco Inc. (WSO) on Wednesday reported second-quarter net income of $183.6 million.
The Miami-based company said it had profit of $4.52 per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.84 per share.
The heating and cooling company posted revenue of $2.06 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $2.21 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSO at https://www.zacks.com/ap/WSO
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