MIAMI (AP) 鈥� MIAMI (AP) 鈥� Watsco Inc. (WSO) on Tuesday reported first-quarter earnings of $79.1 million.
The Miami-based company said it had net income of $1.87 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The heating and cooling company posted revenue of $1.53 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $1.5 billion.
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