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Watsco Inc Q4 Earnings Climb

Watsco Inc (WSO) announced a profit for its fourth quarter that advanced from last year.

The company said its bottom line advanced to $43.26 million, or $1.19 per share. This was up from $29.55 million, or $0.81 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.6% to $964.35 million. This was up from $913.61 million last year.

Watsco Inc earnings at a glance:

-Earnings (Q4): $43.26 Mln. vs. $29.55 Mln. last year.
-Earnings Growth (Y-o-Y): 46.4%
-EPS (Q4): $1.19 vs. $0.81 last year.
-EPS Growth (Y-o-Y): 46.9%
-Analysts Estimate: $1.00
-Revenue (Q4): $964.35 Mln vs. $913.61 Mln last year.
-Revenue Change (Y-o-Y): 5.6%

by RTT Staff Writer

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