Watsco Inc. reported Q3 earnings of $4.22 per share, missing estimates, while declaring a $2.70 dividend.

Watsco Inc. (WSO) saw institutional investors adjusting their stakes in Q3, with Capital Advisors and others selling shares. The company reported earnings of $4.22 per share, missing estimates by $0.51, and revenue of $2.16 billion, slightly above last year's figures but below expectations. Watsco declared a quarterly dividend of $2.70, yielding 2.28%. The company distributes HVAC and refrigeration equipment in the U.S. and internationally.

November 02, 2024
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