Watsco to Host 2020 Earnings Call February 11, 2021
Watsco, Inc. (NYSE: WSO) will host a conference call on February 11, 2021, at 10:00 a.m. (EDT) to discuss its fourth quarter and annual financial results for 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) will host a conference call on February 11, 2021, at 10:00 a.m. (EDT) to discuss its fourth quarter and annual financial results for 2020. The earnings results will be released before the market opens on the same day. Investors can access the conference call via a web-cast link provided on Watsco's website. Participants are encouraged to pre-register for immediate access. Watsco is the largest distribution network for HVAC/R products, serving the U.S., Canada, Mexico, and beyond, with a focus on energy-efficient systems.
Positive
- Watsco is positioned as the largest HVAC/R distribution network, allowing for significant market leverage.
- The upcoming financial results may indicate growth opportunities, creating potential investor interest.
Negative
- None.
Details
News Market Reaction – WSO
The recorded move for WSO in the trading session of this news was -0.71%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2020 fourth quarter and annual financial results on Thursday, February 11, 2021 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question and answer session with the senior management team.
The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at http://www.watsco.com. The earnings results will be released before the market opens on February 11, 2021. A replay of the conference call will be available on our website.
Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time.
To pre-register, go to: https://dpregister.com/sreg/10152301/e2833eec57
Participants that would like to join, but have not pre-registered, can do so by dialing (844) 883-3908 within the United States or (412) 317-9254 internationally and asking for the “Watsco” call. Please call five to ten minutes prior to the scheduled start time as the number of telephone connections is limited.
Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that more than 300,000 contractors and technicians visit or call one of its 600 locations each year to get information, obtain technical support and buy products. HVAC/R products provide comfort to homes and businesses regardless of the outdoor climate. Older systems often operate below today’s government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home. Additional information about Watsco may be found at http://www.watsco.com.
Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: blogan@watsco.com
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