Watsco Reports Record Third-Quarter Sales
Watsco reported record third-quarter sales, strong cash flow and improving demand.
Story updates
11:31:55 AM UTC
SquawkNews
BRIEF-Watsco Q3 EPS USD 3.77
11:32:57 AM UTC
SquawkNews
BRIEF-Watsco Q3 EPS USD 3.77 Oct 27 (Reuters) - Watsco Q3 sales USD 2,220 million vs. IBES estimate
11:34:24 AM UTC
SquawkNews
Watsco reported Q3 residential equipment sales +7% (units +5%, ASP +2%) and said operating cash flow rose 79% to $304M YTD. Q3 included $78M sales from Jackson Supply locations.Material DetailsContext by AI AnalystThis is mid-cycle confirmation of stabilizing demand and accretive acquisitions follo…