Watsco Analysts Increase Their Forecasts Following Q2 Results
Watsco Analysts Increase Their Forecasts Following Q2 Results
Watsco shares gained 1.4% to trade at $487.65 on Wednesday.Watsco, Inc. (NYSE:WSO) reported worse-than-expected second-quarter financial results on Tuesday.
华斯科公司（纽交所：WSO）于周二发布了不及预期的第二季度财务业绩。
The company reported quarterly earnings per share of $4.49, missing the street view of $4.67. Sales of $2.14 billion missed the analyst consensus of $2.19 billion. Revenue increased 7% year over year (4% increase on a same-store basis). Gross profit increased 3% to $580 million, with 27.1% gross margin.
该公司报告第二季度每股收益为4.49美元，低于街道预期的4.67美元。销售额为21.4亿美元，低于分析师共识的21.9亿美元。年收入增长7%（同店销售额增长4%）。毛利润为5,800万美元，毛利率为27.1%，增长了3%。
"We now look ahead to the next important regulatory transition and the introduction of new products by our OEM partners later this year," said Albert H. Nahmad, Watsco's Chairman and CEO.
“我们现在期待下一次重要的监管过渡和我们的原始设备制造合作伙伴于今年晚些时候推出新产品，”华斯科公司的董事长兼首席执行官艾伯特·H·纳哈玛德表示。
Watsco shares gained 1.4% to trade at $487.65 on Wednesday.
周三，华斯科公司股票上涨1.4％，报价487.65美元。
These analysts made changes to their price targets on Watsco following earnings announcement.
这些分析师在发布财报后对华斯科的价格目标进行了调整。
- Baird analyst David Manthey maintained Watsco with an Outperform rating, while raising the price target from $460 to $522.
- JP Morgan analyst Stephen Tusa maintained Watsco with a Neutral and boosted the price target from $420 to $425.
- Baird分析师David Manthey维持华斯科的“表现优异”评级，将价格目标从460美元上调至522美元。
- JP Morgan分析师Stephen Tusa维持华斯科的“中立”评级，将价格目标从420美元上调至425美元。
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