Watsco Inc (STU:WC3)

€ 452.1 6.5 (1.46%) Market Cap: 18.22 Bil Enterprise Value: 18.56 Bil PE Ratio: 36.24 PB Ratio: 6.95 GF Score: 82/100

Q3 2024 Watsco Inc Earnings Call Transcript
Oct 23, 2024

€430 (-4.08%)

Earnings
Q2 2024 Watsco Inc Earnings Call Transcript
Jul 30, 2024

€464.1 (-0.66%)

Earnings
Q1 2024 Watsco Inc Earnings Call Transcript
Apr 24, 2024

€385.9 (-0.67%)

Earnings
Q4 2023 Watsco Inc Earnings Call Transcript
Feb 13, 2024

€379.8 (-1.04%)

Earnings
Watsco Inc at Stephens Investment Conference Transcript
Nov 14, 2023
Q3 2023 Watsco Inc Earnings Call Transcript
Oct 19, 2023

€336 (-5.56%)

Earnings
Watsco Inc at Morgan Stanley Laguna Conference Transcript
Sep 13, 2023
Q2 2023 Watsco Inc Earnings Call Transcript
Aug 01, 2023

€342.8 (+0.65%)

Earnings
Q1 2023 Watsco Inc Earnings Call Transcript
Apr 20, 2023

€306 (+5.81%)

Earnings
Watsco Inc at JPMorgan Industrials Conference Transcript
Mar 15, 2023
Q4 2022 Watsco Inc Earnings Call Transcript
Feb 16, 2023

€286.4 (+2.69%)

Earnings
Q3 2022 Watsco Inc Earnings Call Transcript
Oct 20, 2022

€251.1 (-1.37%)

Earnings
Watsco Inc at Morgan Stanley Laguna Conference Transcript
Sep 14, 2022
Watsco Inc at Jefferies Industrials Conference Transcript
Aug 09, 2022
Q2 2022 Watsco Inc Earnings Call Transcript
Jul 26, 2022

€246.3 (-0.53%)

Earnings
Watsco Inc at William Blair Growth Stock Conference Transcript
Jun 09, 2022
Watsco Inc at Wolfe Research Global Transportation & Industrials Conference (Virtual) Transcript
May 24, 2022
Q1 2022 Watsco Inc Earnings Call Transcript
Apr 21, 2022

€264.5 (+0.49%)

Earnings
Q4 2021 Watsco Inc Earnings Call Transcript
Feb 10, 2022

€238 (+0.85%)

Earnings
Q3 2021 Watsco Inc Earnings Call Transcript
Oct 20, 2021

€246 (+0.82%)

Earnings
Watsco Inc at Morgan Stanley Laguna Conference (Virtual) Transcript
Sep 14, 2021
Q2 2021 Watsco Inc Earnings Call Transcript
Jul 22, 2021

€240 (+0.84%)

Earnings
Watsco Inc at William Blair Growth Stock Conference (Virtual) Transcript
Jun 02, 2021
Watsco Inc at Wolfe Research Global Transportation & Industrials Conference (Virtual) Transcript
May 27, 2021
Q1 2021 Watsco Inc Earnings Call Transcript
Apr 22, 2021

€242 (+2.54%)

Earnings
Q4 2020 Watsco Inc Earnings Call Transcript
Feb 11, 2021

€208 (-0.95%)

Earnings
Q3 2020 Watsco Inc Earnings Call Transcript
Oct 22, 2020

€192

Earnings
Q2 2020 Watsco Inc Earnings Call Transcript
Jul 23, 2020

€170 (+0.59%)

Earnings
Watsco Inc at William Blair Growth Stock Conference Transcript
Jun 09, 2020
Watsco Inc at UBS Global Industrials and Transportation Conference (Virtual) Transcript
Jun 03, 2020
Q1 2020 Watsco Inc Earnings Call Transcript
Apr 23, 2020

€144 (+4.35%)

Earnings
Watsco Inc at JPMorgan Industrials Conference Transcript
Mar 11, 2020
Q4 2019 Watsco Inc Earnings Call Transcript
Feb 13, 2020

€158 (+0.64%)

Earnings
Watsco Inc at Robert W Baird Global Industrial Conference Transcript
Nov 06, 2019
Q3 2019 Watsco Inc Earnings Call Transcript
Oct 17, 2019

€148 (-1.33%)

Earnings
Watsco Inc at Jefferies Industrials Conference Transcript
Aug 08, 2019
Q2 2019 Watsco Inc Earnings Call Transcript
Jul 18, 2019

€140.48 (-1.79%)

Earnings
Watsco Inc at William Blair Growth Stock Conference Transcript
Jun 06, 2019
Watsco Inc at UBS Global Industrials and Transportation Conference Transcript
Jun 05, 2019
Watsco Inc at Robert W Baird Global Consumer, Technology & Services Conference Transcript
Jun 04, 2019
Watsco Inc at Oppenheimer Industrial Growth Conference Transcript
May 07, 2019
Q1 2019 Watsco Inc Earnings Call Transcript
Apr 23, 2019

€141.2 (+4.97%)

Earnings
Watsco Inc at JPMorgan Aviation, Transportation & Industrials Conference Transcript
Mar 05, 2019
Q4 2018 Watsco Inc Earnings Call Transcript
Feb 14, 2019

€134.78 (-0.15%)

Earnings

Q3 2023 Watsco Inc Earnings Call Transcript

Oct 19, 2023 / 02:00PM GMT

Release Date Price: €336 (-5.56%)

Transcript 8-K

Operator

Good day, and welcome to the Watsco Third Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Al Nahmad, CEO. Please go ahead.

Albert H. Nahmad

Watsco, Inc. - Chairman & CEO

Good morning, everyone. Welcome to our third quarter earnings call. And this is Al Nahmad, Chairman and CEO. With me is A.J. Nahmad, President; and Paul Johnston, Barry Logan and Rick Gomez. Before we start our normal 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.

Now on to the quarter. Watsco delivered a record quarter, which is all the more rewarding given a record performance achieved in the third quarter last year. Third quarter last year was a barn burner, and so I'm so happy we're able to beat that. Sales grew 4%, driven by a 6% increase in HVAC equipment,

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