Watsco (WSO) Lags Q4 Earnings and Revenue Estimates

Watsco (WSO) came out with quarterly earnings of $1.68 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $2.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.33%. A quarter ago, it was expected that this heating and cooling company would post earnings of $4.21 per share when it actually produced earnings of $3.98, delivering a surprise of -5.46%.Over the last four quarters, t ...