Oct 17, 2019 / 02:00PM GMT
Operator
Good day and welcome to the Watsco Third Quarter 2019 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.
I would now like to turn the conference over to Albert Nahmad, CEO. Please go ahead.
Albert H. Nahmad - Watsco, Inc. - Chairman & CEO
Good morning, and welcome to Watsco's third quarter earnings call. This is Al Nahmad, Chairman and CEO and with me is A.J. Nahmad, President; Paul Johnston, Executive Vice President; and Barry Logan, Executive Vice President.
Before we start our call, our cautionary statement. This conference call has forward-looking statements as defined by SEC laws and regulations that are made pursuant to the safe harbor provisions of these various laws. Ultimate results may differ materially from the forward-looking statements.
Watsco produced another record quarter with sales, net income and earnings per share all reaching record levels. In addition, cash flow for the 9 months was also a record and we expect cash flow to exceed net income for the full year. Our 2019
Q3 2019 Watsco Inc Earnings Call Transcript
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