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
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Q3 2020 Watsco Inc Earnings Call Transcript

Oct 22, 2020 / 02:00PM GMT
Release Date Price: $227.97 (+0.18%)
Operator

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

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

Good morning, everyone. Welcome to Watsco's third 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.

Now before we start, our cautionary statement. This conference call has forward-looking statements as defined by SEC laws and regulations that are made pursuant to the safe harbor provisions of these various laws. Ultimate results may differ materially from the forward-looking statements.

Before I report, let me first wish that you and your families are healthy and safe. Now on to our report. Watsco just completed an outstanding third quarter. EPS grew 25% to a record $2.76. Records were set

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