Watsco, Inc. (WSO) reported earnings for its second quarter that Increases, from the same period last year but missed the Street estimates.
The company's earnings totaled $183.61 million, or $4.52 per share. This compares with $181.41 million, or $4.49 per share, last year.
Analysts on average had expected the company to earn $4.79 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.6% to $2.062 million from $2.139 million last year.
Watsco, Inc. earnings at a glance (GAAP) :
-Earnings: $183.61 Mln. vs. $181.41 Mln. last year.-EPS: $4.52 vs. $4.49 last year.-Revenue: $2.062 Mln vs. $2.139 Mln last year.
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