Stock Track | Watsco Plummets 14.68% in Pre-Market After Q2 Earnings and Revenue Miss Estimates

Stock Track07-29

Watsco shares plunged 14.68% in pre-market trading Wednesday after the HVAC distributor reported second-quarter results that fell well short of Wall Street expectations. The company posted adjusted earnings of $4.00 per share, missing analyst consensus estimates that ranged from $4.44 to $4.51. Quarterly sales rose 2.1% to $2.105 billion, but also came in below the projected $2.147 billion.

The earnings miss was driven by a 12% decline in adjusted EPS compared to the same period a year earlier, as gross margins normalized. Management noted that OEM pricing actions returned to more conventional levels in 2026 after outsized benefits from inflation and tariffs in 2025. Additionally, the company said end-market demand stabilized following the completion of the A2L refrigerant transition, which had previously disrupted domestic HVAC equipment sales.

Looking ahead, Watsco expects more conventional supply-chain trends for the remainder of 2026. The company also completed its acquisition of Jackson Supply, expanding its presence in key Sunbelt markets. Despite the miss, the stock retains a “hold” average analyst rating with a median 12-month price target of $420, implying potential upside from its last close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1165341137?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-29 21:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1165341137","market":"sg","top_or_hot":-1,"title":"Stock Track | Watsco Plummets 14.68% in Pre-Market After Q2 Earnings and Revenue Miss Estimates","media":"Stock Track","content":"<p>Watsco shares plunged 14.68% in pre-market trading Wednesday after the HVAC distributor reported second-quarter results that fell well short of Wall Street expectations. The company posted adjusted earnings of $4.00 per share, missing analyst consensus estimates that ranged from $4.44 to $4.51. Quarterly sales rose 2.1% to $2.105 billion, but also came in below the projected $2.147 billion.</p><p>The earnings miss was driven by a 12% decline in adjusted EPS compared to the same period a year earlier, as gross margins normalized. Management noted that OEM pricing actions returned to more conventional levels in 2026 after outsized benefits from inflation and tariffs in 2025. Additionally, the company said end-market demand stabilized following the completion of the A2L refrigerant transition, which had previously disrupted domestic HVAC equipment sales.</p><p>Looking ahead, Watsco expects more conventional supply-chain trends for the remainder of 2026. The company also completed its acquisition of Jackson Supply, expanding its presence in key Sunbelt markets. Despite the miss, the stock retains a “hold” average analyst rating with a median 12-month price target of $420, implying potential upside from its last close.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Watsco Plummets 14.68% in Pre-Market After Q2 Earnings and Revenue Miss Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Watsco Plummets 14.68% in Pre-Market After Q2 Earnings and Revenue Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-29 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Watsco shares plunged 14.68% in pre-market trading Wednesday after the HVAC distributor reported second-quarter results that fell well short of Wall Street expectations. The company posted adjusted earnings of $4.00 per share, missing analyst consensus estimates that ranged from $4.44 to $4.51. Quarterly sales rose 2.1% to $2.105 billion, but also came in below the projected $2.147 billion.</p><p>The earnings miss was driven by a 12% decline in adjusted EPS compared to the same period a year earlier, as gross margins normalized. Management noted that OEM pricing actions returned to more conventional levels in 2026 after outsized benefits from inflation and tariffs in 2025. Additionally, the company said end-market demand stabilized following the completion of the A2L refrigerant transition, which had previously disrupted domestic HVAC equipment sales.</p><p>Looking ahead, Watsco expects more conventional supply-chain trends for the remainder of 2026. The company also completed its acquisition of Jackson Supply, expanding its presence in key Sunbelt markets. Despite the miss, the stock retains a “hold” average analyst rating with a median 12-month price target of $420, implying potential upside from its last close.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WSO","symbol_name":"华斯科","start_time":0,"source_url":"","article_id":"1165341137","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165341137","pubTimestamp":1785332611,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Watsco shares plunged 14.68% in pre-market trading Wednesday after the HVAC distributor reported second-quarter results that fell well short of Wall Street expectations. The company posted adjusted...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WSO":"华斯科"},"translate_title":"股票跟踪 | 第二季度盈利和收入未达预期，Watsco 盘前暴跌 14.68%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WSO":1},"content_text":"Watsco shares plunged 14.68% in pre-market trading Wednesday after the HVAC distributor reported second-quarter results that fell well short of Wall Street expectations. The company posted adjusted earnings of $4.00 per share, missing analyst consensus estimates that ranged from $4.44 to $4.51. Quarterly sales rose 2.1% to $2.105 billion, but also came in below the projected $2.147 billion.The earnings miss was driven by a 12% decline in adjusted EPS compared to the same period a year earlier, as gross margins normalized. Management noted that OEM pricing actions returned to more conventional levels in 2026 after outsized benefits from inflation and tariffs in 2025. Additionally, the company said end-market demand stabilized following the completion of the A2L refrigerant transition, which had previously disrupted domestic HVAC equipment sales.Looking ahead, Watsco expects more conventional supply-chain trends for the remainder of 2026. The company also completed its acquisition of Jackson Supply, expanding its presence in key Sunbelt markets. Despite the miss, the stock retains a “hold” average analyst rating with a median 12-month price target of $420, implying potential upside from its last close.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165341137","isCrawlerRequest":true}