Watsco (WSO.B) Scheduled to Post Earnings on Wednesday

Watsco (NYSE:WSO.B) is scheduled to be releasing its earnings data before the market opens on Wednesday, October 23rd.

Watsco (NYSE:WSO.B) last issued its quarterly earnings results on Tuesday, July 30th. The construction company reported $4.49 earnings per share for the quarter. The company had revenue of $2.14 billion for the quarter. Watsco had a net margin of 7.02% and a return on equity of 18.55%.

Watsco Price Performance

Shares of NYSE:WSO.B opened at $495.00 on Monday. The company’s 50-day moving average is $484.53 and its 200 day moving average is $463.18. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.55 and a current ratio of 3.21. The company has a market capitalization of $19.97 billion, a P/E ratio of 37.87 and a beta of 0.58. Watsco has a fifty-two week low of $364.19 and a fifty-two week high of $495.00.

Watsco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be issued a $2.70 dividend. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Wednesday, October 16th. Watsco’s dividend payout ratio (DPR) is currently 82.63%.

About Watsco

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.