BUZZ-Watsco rises as fourth-quarter results beat estimates
ReutersFeb 18, 2025 2:09 PM
Shares of air conditioning and refrigeration equipment distributor Watsco WSO.N up 5% at $507.99 premarket
Q4 sales rise 9.4% to $1.75 billion, beating estimates of $1.66 billion - data compiled by LSEG
Biggest segment, Heating, Ventilation and Air Conditioning, posts 14% increase in sales
EPS of $2.37 also topped estimates of $2.16
Watsco announces an 11% increase to its annual dividend to $12 per share
Shares rose 10.6% in 2024
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