Watsco (WSO) Projected to Release Quarterly Earnings on Tuesday

Watsco (NYSE:WSO) is expected to release its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $4.11 per share and revenue of $2.20 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Watsco (NYSE:WSO) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $4.00 EPS for the quarter, missing analysts’ consensus estimates of $4.41 by ($0.41). The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Watsco had a net margin of 6.53% and a return on equity of 14.40%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.52 earnings per share. On average, analysts expect Watsco to post $12.19 EPS for the current fiscal year and $13.37 EPS for the next fiscal year.

Watsco Trading Down 0.6%

Shares of WSO stock opened at $294.24 on Tuesday. The firm’s 50 day moving average is $307.07 and its 200 day moving average is $359.98. The stock has a market capitalization of $12.14 billion, a P/E ratio of 25.52 and a beta of 1.06. Watsco has a 12 month low of $277.34 and a 12 month high of $459.00.

Watsco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $3.30 dividend. This represents a $13.20 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, October 16th. Watsco’s payout ratio is currently 114.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Morgan Stanley lowered their target price on shares of Watsco from $370.00 to $330.00 and set an “equal weight” rating on the stock in a report on Monday, October 12th. Robert W. Baird set a $400.00 price target on Watsco in a report on Thursday, July 30th. Weiss Ratings lowered Watsco from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, October 6th. Stephens reiterated an “overweight” rating and issued a $485.00 price target on shares of Watsco in a research report on Monday, August 17th. Finally, DA Davidson decreased their price objective on Watsco from $385.00 to $330.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Watsco currently has a consensus rating of “Hold” and an average target price of $373.62.

About Watsco

Watsco, Inc (NYSE: WSO) is a distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment and related products. The company supplies residential and light commercial air-conditioning and heating systems, refrigeration equipment, replacement parts, and other supplies used by contractors and service professionals.

Watsco distributes products from leading HVAC/R manufacturers, including equipment and components such as air conditioners, heat pumps, furnaces, air handlers, thermostats, controls, motors and indoor air-quality products.