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Watsco Inc (WSO.N)

WSO.N on New York Stock Exchange

185.82USD
2:46pm EDT
Change (% chg)

$2.44 (+1.33%)
Prev Close
$183.38
Open
$183.45
Day's High
$185.85
Day's Low
$182.85
Volume
26,520
Avg. Vol
75,336
52-wk High
$191.87
52-wk Low
$141.73

Latest Key Developments (Source: Significant Developments)

Watsco Inc Posts Q4 Earnings Per Share $1.19
Thursday, 8 Feb 2018 07:30am EST 

Feb 8 (Reuters) - Watsco Inc ::WATSCO SETS RECORDS FOR EARNINGS PER SHARE, NET INCOME AND SALES DURING FOURTH QUARTER AND FULL-YEAR.Q4 EARNINGS PER SHARE $1.19.‍BOARD OF DIRECTORS APPROVED A 16% INCREASE IN ITS ANNUAL DIVIDEND TO $5.80 PER SHARE​.QTRLY SALES INCREASED ‍6% TO $964 MILLION​.Q4 SALES UP ‍6% TO $964​ MILLION.Q4 2017 EARNINGS PER SHARE ‍INCLUDES $0.29 BENEFIT FROM TAX REFORM.Q4 EARNINGS PER SHARE VIEW $1.00, REVENUE VIEW $967.9 MILLION -- THOMSON REUTERS I/B/E/S.‍CURRENTLY ESTIMATE 2018 EFFECTIVE INCOME TAX RATE WILL BE IN RANGE OF 21% TO 22%..  Full Article

Watsco Approved 16 Pct Rise In Annual Dividend To $5.80 Per Share
Thursday, 8 Feb 2018 07:30am EST 

Feb 8 (Reuters) - Watsco Inc ::APPROVED A 16% INCREASE IN ITS ANNUAL DIVIDEND TO $5.80 PER SHARE ON EACH OUTSTANDING SHARE OF ITS COMMON AND CLASS B COMMON STOCK.  Full Article

Watsco says Q3 earnings per share $1.82
Wednesday, 25 Oct 2017 07:30am EDT 

Oct 25 (Reuters) - Watsco Inc -:Watsco sets records for net income, EPS and delivers strong cash flow during third quarter; sales momentum building following hurricane disruptions.Sees FY earnings per share $5.50 to $5.60.Q3 earnings per share $1.82.Q3 earnings per share view $1.95 -- Thomson Reuters I/B/E/S.Watsco inc - qtrly revenue ‍$1.23 billion versus $1.24 billion​.FY2017 earnings per share view $5.73 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.95, revenue view $1.26 billion -- Thomson Reuters I/B/E/S.  Full Article

Watsco files to say it may offer and sell shares of co's common stock of up to $250 mln
Wednesday, 23 Aug 2017 05:39pm EDT 

Aug 23 (Reuters) - Watsco Inc :Files to say it may offer and sell shares of co's common stock of up to $250 million - SEC filing.Watsco Inc says it has entered into a sales agreement with Robert W. Baird & Co relating to issuance and sale of shares of co's common stock.  Full Article

Watsco reports Q2 EPS $2.07
Tuesday, 25 Jul 2017 07:30am EDT 

July 25 (Reuters) - Watsco Inc :Watsco achieves record sales, earnings, net income and EPS during second quarter.Q2 earnings per share $2.07.Q2 earnings per share view $2.04 -- Thomson Reuters I/B/E/S.Says company has targeted cash flow from operations to exceed net income in 2017.  Full Article

Watsco boosts dividends 19 pct to $5/share
Monday, 3 Jul 2017 07:30am EDT 

July 3 (Reuters) - Watsco Inc ::Watsco boosts dividends 19% to $5.00 per share.Watsco Inc- approved a 19% increase in annual dividend rate to $5.00 per share.Watsco Inc- regular quarterly cash dividend of $1.25 on each outstanding share of its common and Class B common stock.  Full Article

Watsco unit acquires 35 pct ownership of Russell Sigler
Wednesday, 21 Jun 2017 07:30am EDT 

June 21 (Reuters) - Watsco Inc ::Watsco unit acquires 35% ownership of Russell Sigler Inc, a $650 million Western U.S. HVAC distributor.Watsco unit acquires 35% ownership of Russell Sigler Inc, a $650 million Western U.S. HVAC distributor.Watsco Inc - consideration for purchase was approximately $63.6 million paid in cash.Watsco Inc - Watsco has exclusive rights to purchase ownership interests from current shareholders that may elect to sell in future.  Full Article

Watsco Q1 earnings per share $0.71
Tuesday, 25 Apr 2017 07:30am EDT 

April 25 (Reuters) - Watsco Inc :Watsco reports record first quarter sales and net income; sales momentum building into second quarter after seasonally late start to the year.Q1 earnings per share $0.71.Q1 sales $872 million versus i/b/e/s view $878.2 million.Q1 earnings per share view $0.81 -- Thomson Reuters I/B/E/S.  Full Article

Watsco increases FY dividend by 19 pct to $5.00 per share
Tuesday, 25 Apr 2017 07:30am EDT 

April 25 (Reuters) - Watsco Inc :Increases FY dividend by 19 percent to $5.00 per share.Says dividend increase will be reflected in company's next regular dividend payment beginning in July 2017.  Full Article

Watsco prices secondary offering of 4.2 mln shares at $144/shr
Friday, 24 Feb 2017 09:10am EST 

Watsco Inc : Watsco announces pricing of secondary offering of its common stock . Says secondary offering of 4.2 million shares of company's common stock at a price to public of $144.00 per share Further company coverage: [WSO.N] ((bangalore.newsroom@thomsonreuters.com)).  Full Article

BRIEF-Watsco CEO Albert Nahmad's 2017 Total Compensation Was $8.2 Million

* WATSCO INC SAYS CEO ALBERT H. NAHMAD'S 2017 TOTAL COMPENSATION WAS $8.2 MILLION VERSUS $10.9 MILLION IN 2016 – SEC FILING Source text for Eikon: (http://bit.ly/2KiXiCh) Further company coverage: