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Watsco Inc. (NYSE:WSO) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 65.55% to $0.41 in the quarter versus EPS of $0.39 in the year-earlier quarter. Revenue rose 18.53% to $765.5 million from the year-earlier quarter.
Watsco Inc. reported adjusted EPS income of $0.41 per share. By that measure, the company missed the mean analyst estimate of $0.47. It beat the average revenue estimate of $739.34 million.
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