Watsco (WSO.B) Set to Announce Earnings on Thursday

Watsco (NYSE:WSO.B – Get Rating) is set to release its earnings data before the market opens on Thursday, April 20th.

Watsco (NYSE:WSO.B – Get Rating) last posted its quarterly earnings results on Thursday, February 16th. The construction company reported $2.35 earnings per share (EPS) for the quarter. Watsco had a return on equity of 25.17% and a net margin of 8.26%. The company had revenue of $1.58 billion for the quarter.

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Watsco Price Performance

Shares of NYSE WSO.B opened at $318.53 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.02 and a current ratio of 2.54. Watsco has a fifty-two week low of $232.59 and a fifty-two week high of $320.43. The firm has a market capitalization of $12.37 billion, a PE ratio of 20.67 and a beta of 0.70. The stock’s 50-day simple moving average is $307.53 and its 200-day simple moving average is $283.71.

Watsco Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Monday, April 17th will be issued a $2.45 dividend. This represents a $9.80 annualized dividend and a yield of 3.08%. The ex-dividend date is Friday, April 14th. Watsco’s dividend payout ratio (DPR) is 63.60%.

Watsco Company Profile

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Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

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