Watsco IncWSO
± MixedCapitalrelevance
Earnings report upcoming; revenue growth expected but company has missed estimates multiple times recently.
Watsco is set to report its second-quarter earnings this Wednesday before the bell. The market expects revenue to grow 4% year on year, reversing a 3.6% decline in the same quarter last year. Analysts have largely maintained their estimates over the past 30 days, though the company has missed Wall Street revenue expectations multiple times in the last two years. Watsco shares are down 11.3% over the past month, heading into earnings with an average analyst price target of $428.70 compared to the current share price of $364.20.
Watsco IncEarnings report upcoming; revenue growth expected but company has missed estimates multiple times recently.