Watsco (WSO) Misses Q3 Earnings and Revenue Estimates

Watsco (WSO) came out with quarterly earnings of $3.98 per share, missing the Zacks Consensus Estimate of $4.21 per share. This compares to earnings of $4.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.46%. A quarter ago, it was expected that this heating and cooling company would post earnings of $4.84 per share when it actually produced earnings of $4.52, delivering a surprise of -6.61%.Over the last four quarters, th ...