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Watsco (WSO)
NYSE:WSO
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
4.87Last Year’s EPS
4.49Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -5.42%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The earnings call indicated a positive trajectory for Watsco with strong performance in core areas and financial health, though challenges with international sales and product transitions were noted.Company Guidance
During Watsco's First Quarter 2025 earnings call, the company provided insights into their performance and future outlook, highlighting several key metrics. Sales in the core HVAC replacement business increased by 10% due to higher volumes, and the gross margins improved following the launch of the new A2L systems, which are expected to impact about 55% of total sales. The company is transitioning nearly $1 billion in inventory to these new systems and has trained thousands of customers to facilitate this change. Watsco's balance sheet remains robust with $430 million in cash, no debt, and over $3 billion in equity. The company also raised its annual dividend by 11% to $12 per share. Additionally, Watsco is closely monitoring the potential impact of proposed tariffs on their business, with domestic sales accounting for 91% of first-quarter sales. International sales, representing 9% of sales, face more uncertainty, and the company plans to adapt strategies to maintain growth in those regions. Overall, Watsco remains optimistic about the long-term prospects and continues to focus on its leadership position in the $74 billion distribution market.Strong Start to HVAC Replacement Business
Sales in replacement systems, the core of Watsco's business, increased by 10% due to higher volumes and a richer mix of high-efficiency systems.
Improved Gross Margins
Gross margins improved, which is an important benchmark following the launch of new systems. The company is working towards a goal of 30% gross profit margin.
Robust Financial Position
Watsco has $430 million in cash, no debt, and over $3 billion in equity. The annual dividend was raised by 11% to $12 per share.
Successful Product Transition
Transition to new A2L systems is underway, impacting 55% of total sales. The company has trained thousands of customers and updated technology platforms.
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WSO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WSO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $503.16 | $446.40 | -11.28% |
| Feb 18, 2025 | $480.87 | $527.66 | +9.73% |
| Oct 23, 2024 | $479.30 | $461.15 | -3.79% |
| Jul 30, 2024 | $495.25 | $473.10 | -4.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Watsco (WSO) report earnings?
Watsco (WSO) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Watsco (WSO) earnings time?
Watsco (WSO) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WSO EPS forecast?
WSO EPS forecast for the fiscal quarter 2025 (Q2) is 4.87.
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