Watsco (WSO) Set to Announce Quarterly Earnings on Tuesday

Watsco (NYSE:WSO) is expected to be issuing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to post earnings of $4.11 per share and revenue of $2.20 billion for the quarter. Parties can check 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 posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $4.00 EPS for the quarter, missing the consensus estimate of $4.41 by ($0.41). Watsco had a return on equity of 14.40% and a net margin of 6.53%. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same period in the prior year, the business earned $4.52 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts expect Watsco to post $12.19 EPS for the current fiscal year and $13.36 EPS for the next fiscal year.

Watsco Price Performance

Shares of WSO opened at $322.78 on Monday. Watsco has a 1-year low of $277.34 and a 1-year high of $459.00. The company has a 50-day moving average of $307.19 and a 200 day moving average of $358.30. The firm has a market capitalization of $13.31 billion, a price-to-earnings ratio of 27.99 and a beta of 1.06.

Watsco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders 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 4.1%. The ex-dividend date is Friday, October 16th. Watsco’s dividend payout ratio is currently 114.48%.

Wall Street Analysts Forecast Growth

WSO has been the topic of a number of research reports. Mizuho reduced their target price on shares of Watsco from $350.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Stephens reaffirmed an “overweight” rating and set a $485.00 price target on shares of Watsco in a research note on Monday, August 17th. DA Davidson lowered their price target on Watsco from $385.00 to $330.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Robert W. Baird set a $400.00 price target on Watsco in a report on Thursday, July 30th. Finally, Morgan Stanley dropped their price objective on Watsco from $370.00 to $330.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. Two analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Watsco presently has an average rating of “Hold” and an average target price of $373.62.

More Watsco News

Here are the key news stories impacting Watsco this week:

• Positive Sentiment: Shares recently rallied on above-average volume after earnings-estimate revisions suggested potential for further strength. The move was also supported by optimism surrounding Watsco’s completed acquisition of The Granite Group, which adds approximately $500 million in revenue and expands its Northeast HVAC and plumbing distribution footprint. Watsco shares rally on earnings estimate revisions Watsco rises as investors weigh Granite deal
• Positive Sentiment: Zacks Research raised its Q1 2027 EPS estimate to $1.94 from $1.93 and its Q1 2028 estimate to $2.07 from $2.05, indicating modestly improved expectations for future profitability. Watsco earnings estimate revisions
• Positive Sentiment: Zacks Research upgraded Watsco from “strong sell” to “hold.” While not a bullish rating, the change reduces an important source of negative sentiment. The company also secured a new $750 million unsecured revolving credit facility, providing financial flexibility for operations, acquisitions and other capital needs. Zacks Research rating change Watsco completes $750 million credit facility
• Neutral Sentiment: Investors are positioning ahead of Watsco’s October 27 third-quarter earnings call, where updates on Granite integration, demand and margins could determine whether the recent rally continues.
• Negative Sentiment: The consensus price target was reduced 11.78% to $351.37. Although it remains above the recent trading level, the cut signals less upside expected by analysts. Watsco consensus price target reduced
• Negative Sentiment: Watsco’s latest reported quarter fell short of expectations, with EPS of $4.00 versus the $4.41 consensus and revenue of $2.10 billion versus $2.14 billion, keeping execution and margin performance key risks.

Watsco Company Profile

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.