Watsco (WSO) Q2 Earnings and Revenues Miss Estimates

Watsco (WSO) came out with quarterly earnings of $4.52 per share, missing the Zacks Consensus Estimate of $4.84 per share. This compares to earnings of $4.49 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -6.61%. A quarter ago, it was expected that this heating and cooling company would post earnings of $2.29 per share when it actually produced earnings of $1.93, delivering a surprise of -15.72%. Over the last four quarters ...