Why Is Watsco (WSO) Down 3.6% Since Last Earnings Report?

It has been about a month since the last earnings report for Watsco (WSO) . Shares have lost about 3.6% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Watsco due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Watsco, Inc. before we dive into how investors and analysts have reacted as of late.Wa ...