Watsco (NYSE:WSO.B – Get Free Report) issued its earnings results on Tuesday. The construction company reported $3.77 earnings per share for the quarter, Zacks reports. Watsco had a return on equity of 14.40% and a net margin of 6.53%.
Watsco Price Performance
Shares of Watsco stock opened at $306.48 on Tuesday. The firm has a market cap of $12.64 billion, a price-to-earnings ratio of 24.65 and a beta of 0.67. Watsco has a 52-week low of $285.84 and a 52-week high of $453.37. The stock has a 50-day simple moving average of $307.52 and a 200-day simple moving average of $370.44.
About Watsco
Watsco, Inc is a distributor of heating, air-conditioning and refrigeration equipment and related products. The company supplies residential and commercial contractors with air conditioners, furnaces, heat pumps, air handlers, water heaters, refrigeration systems, controls, replacement parts and installation supplies.
Watsco sells products from leading manufacturers, including equipment associated with the Carrier family of brands, through a network of distribution locations and sales channels.
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