NYSE$WSO

Watsco Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Headline financials

Total Revenue

$1.85B

Previous: $1.36B+36.5%
EPS (adj)

$3.71

Previous: $2.26+64.2%
HVAC Equipment % of Sales

71.0%

Previous: 71.0%+0.0%
Other HVAC Products % of Sales

26.0%

Previous: 26.0%+0.0%
Commercial Refrigeration % of Sales

3.0%

Previous: 3.0%+0.0%
Capital Expenditures

-$11M

Previous: -$8.02M-37.3%
Free Cash Flow

$133M

Previous: $78.6M+69.4%
Net Income

$144M

Previous: $86.6M+66.4%
Operating Income

$217M

Previous: $129M+67.7%
Gross Profit

$478M

Previous: $319M+49.7%
Cash & Equivalents

$96.8M

Previous: $79.6M+21.6%
Total Assets

$3.13B

Previous: $2.64B+18.8%
Stock-Based Comp

$6.46M

Previous: $5.23M+23.5%

Revenue & EPS history

Watsco · Revenue · Quarterly

$1.85B

Q2 2021+36.5%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.2%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+0.8%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+15.3%

Q2 2020

Best reaction

-11.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-6.2%-20.2%
Q4 2025+1.0%-1.9%-8.3%
Q3 2025+2.9%+0.8%-3.3%
Q1 2025-11.3%-9.4%-9.5%
Q4 2024+9.7%+3.1%+3.9%
Q3 2024-1.3%-1.0%+14.4%
Q2 2024-2.8%-7.2%-7.3%
Q1 2024+7.4%+8.3%+18.4%
Q4 2023-5.5%-7.1%-3.2%
Q3 2023-5.6%-5.7%+5.9%
Q2 2023-4.9%-4.9%-3.6%
Q1 2023+6.9%+9.3%+6.3%
Q4 2022+5.3%-0.4%-3.8%
Q3 2022+0.8%+5.6%+11.7%
Q2 2022+0.7%+8.3%+15.3%
Q1 2022+1.5%-0.7%-13.9%
Q4 2021-4.8%-4.9%+3.0%
Q3 2021+4.0%+2.5%+5.6%
Q2 2021+4.8%-0.2%-2.4%
Q1 2021+2.6%+3.5%-0.3%
Q4 2020-1.4%-3.0%-1.4%
Q3 2020+3.4%-0.2%+2.0%
Q2 2020+15.3%+14.8%+21.9%
Q1 2020+7.6%+10.4%+11.1%
Q4 2019-1.3%-2.3%-6.8%
Q3 2019+4.7%+6.9%+8.5%
Q2 2019-2.7%+0.6%-0.1%
Q1 2019+6.0%+5.5%+3.9%
Q4 2018-6.3%-5.5%-8.6%
Q3 2018-5.2%-8.3%-3.1%
Q2 2018-9.0%-7.4%-4.1%
Q1 2018-10.0%-9.3%-2.4%
Q4 2017-3.8%-3.8%+2.8%
Q3 2017+1.7%+1.3%+0.8%
Q2 2017-0.4%+0.8%-3.8%
Q1 2017+0.4%-0.5%+1.4%
Q4 2016-5.1%-2.5%-5.1%
Q3 2016-5.0%-4.1%+3.5%
Q2 2016+0.3%+0.8%+2.7%
Q1 2016+1.1%
Q4 2015+12.0%
Q3 2015-8.6%
Q2 2015-1.4%
Q1 2015-2.9%
Q4 2014+6.5%
Q3 2014+5.7%
Q2 2014-5.4%
Q1 2014+5.1%
Q4 2013+0.2%
Q3 2013-1.0%
Q2 2013+1.6%
Q1 2013+2.6%
Q4 2012+4.0%
Q3 2012-0.7%
Q2 2012-10.7%
Q1 2012+0.4%
Q2 2011+0.0%
Q4 2011+0.0%
Q3 2011-2.1%
Q1 2011-1.0%
Q1 2010-1.0%
Q2 2010+1.8%
Q4 2010+1.8%
Q3 2010+0.4%
Q3 2009+0.4%
Q4 2008+2.3%
Q2 2009+2.3%
Q4 2009+2.3%

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