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Key Results
Actual vs Consensus
EPS: $3.77 vs $4.10 estimate, missed-8.0%.Revenue: $2.2B vs $2.2B estimate, in line+0.6%.Profitability and Cash Flow
Period: 2026 Q3 period ended 2026-09-30Revenue: $2.2B; YoY: +7.4%; QoQ: +5.5%Gross profit: $586M; Gross margin: 26.4%Operating income: $225M; Operating margin: 10.1%; YoY: -4.1%; QoQ: -5.5%Net income: $155M; GAAP diluted EPS: $3.77; YoY: -3.8%; QoQ: -4.9%Operating cash flow: $325M; Capex: $100,000; Free cash flow: $325MOfficial release: Watsco Reports Record Third Quarter Sales, Strong Cash Flow and Improving Demand
核心结果
实际值与市场预期
EPS:$3.77 vs $4.10 预期,低于预期-8.0%。营收:$2.2B vs $2.2B 预期,基本符合预期+0.6%。财务指标
期间:2026 Q3(截至 2026-09-30)营收:$2.2B;同比:+7.4%;环比:+5.5%毛利润:$586M;毛利率:26.4%经营利润:$225M;经营利润率:10.1%;同比:-4.1%;环比:-5.5%净利润:$155M;GAAP 稀释 EPS:$3.77;同比:-3.8%;环比:-4.9%经营现金流:$325M;资本开支:$100,000;自由现金流:$325M