Investing.com - Watsco B Inc reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Watsco B Inc announced earnings per share of $4.03 on revenue of $2.04. Analysts polled by Investing.com anticipated EPS of $4.40 on revenue of $2.04B.
Watsco B Inc shares are down 58.87% from the beginning of the year and are trading at $238.25 , down-from-52-week-high.
Watsco B Inc follows other major Industrials sector earnings this month
Watsco B Inc's report follows an earnings missed by Lockheed Martin on Tuesday, July 19, 2022, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
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