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Watsco: Q4 Earnings Beat Expectations
Watsco exceeded expectations with impressive Q4 2024 results, showcasing strong sales growth and strategic technological strides.
HVAC/R equipment distributor specialist Watsco (NYSE:WSO) reported robust fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus estimates. Key highlights included earnings per share (EPS) of $2.37, rising from $2.06 the previous year and outperforming the $2.19 estimate. Revenue was $1.75 billion, surpassing the $1.67 billion forecast.
For the quarter, Watsco maintained strong growth, driven by increased HVAC demand and effective cost management.
Source: Watsco. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = year over year.
