Watsco, the Miami-based air conditioning and heating equipment company, said its quarterly earnings jumped 8.3 percent on the strength of strong sales for the period.
July 26, 2012 at 12:00 AM
1 minute read
Watsco, the Miami-based air conditioning and heating equipment company, said today its quarterly earnings jumped 8.3 percent on the strength of strong sales for the period.
Watsco (NYSE: WSO) said its second-quarter earnings were $39.1 million, or $1.15 a share, an improvement from the $36 million, or $1.09 a share profit recorded in the same period of 2011. The company’s revenue rose 15 percent to $1.01 billion.
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