Watsco Inc (NYSE:WSO)
$ 479.95 -7.63 (-1.56%) Market Cap: 19.69 Bil Enterprise Value: 20.03 Bil PE Ratio: 37.49 PB Ratio: 7.19 GF Score: 86/100

Q2 2020 Watsco Inc Earnings Call Transcript

Jul 23, 2020 / 02:00PM GMT
Release Date Price: $230 (+16.61%)
Operator

Good morning, and welcome to the Watsco, Inc. Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note that this event is being recorded. I would now like to turn the conference over to Albert Nahmad. Please go ahead, sir.

Albert H. Nahmad
Watsco, Inc. - Chairman & CEO

Good morning, everyone. Welcome to Watsco's second quarter earnings call. This is Al Nahmad, Chairman and CEO; and with me is A.J. Nahmad, President; Paul Johnston, Executive Vice President; and Barry Logan, Executive Vice President.

Before we start, our cautionary statement. This conference call has forward-looking statements as defined by the SEC laws and regulations, and are made pursuant to the safe harbor provisions of these various laws. Ultimate results may differ materially from the forward-looking statements. First and foremost, I hope all of you and your families are healthy, safe and managing well.

I'm pleased to say Watsco is experiencing a very busy summer selling season. There are many heroic people in our company making an

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