Watsco’s Second Quarter Earnings Call Scheduled on July 30, 2024
Watsco (NYSE: WSO) has announced its 2024 second quarter earnings call, scheduled for July 30, 2024, at 10:00 a.m. EDT. The call will be web-cast and available on the company's website. Watsco, the largest distributor of HVAC/R products in North America, serves over 375,000 professionals annually through its 691 locations. The company focuses on the replacement market, which has grown due to aging systems and increased energy efficiency demands.
Notably, Watsco has contributed significantly to reducing CO2e emissions. From January 2020 to June 2024, the company estimates it has averted 20.9 million metric tons of CO2e emissions through the sale of higher-efficiency HVAC systems, equivalent to removing 5 million gas-powered vehicles from the road annually.
Watsco (NYSE: WSO) ha annunciato la sua call per gli utili del secondo trimestre 2024, programmata per il 30 luglio 2024, alle 10:00 EDT. La call sarà trasmessa in streaming e disponibile sul sito web dell'azienda. Watsco, il più grande distributore di prodotti HVAC/R in Nord America, serve oltre 375.000 professionisti annualmente attraverso le sue 691 sedi. L'azienda si concentra sul mercato delle sostituzioni, che è cresciuto a causa dei sistemi obsoleti e delle crescenti richieste di efficienza energetica.
È importante notare che Watsco ha contribuito in modo significativo alla riduzione delle emissioni di CO2e. Dal gennaio 2020 a giugno 2024, l'azienda stima di aver evitato 20,9 milioni di tonnellate metriche di emissioni di CO2e tramite la vendita di sistemi HVAC a maggiore efficienza, equivalente a rimuovere 5 milioni di veicoli a benzina dalle strade ogni anno.
Watsco (NYSE: WSO) ha anunciado su llamada de ganancias del segundo trimestre de 2024, programada para el 30 de julio de 2024, a las 10:00 a.m. EDT. La llamada será transmitida en línea y estará disponible en el sitio web de la empresa. Watsco, el mayor distribuidor de productos HVAC/R en América del Norte, atiende anualmente a más de 375,000 profesionales a través de sus 691 ubicaciones. La empresa se enfoca en el mercado de reemplazo, que ha crecido debido a sistemas envejecidos y a la creciente demanda de eficiencia energética.
Notablemente, Watsco ha contribuido de manera significativa a la reducción de las emisiones de CO2e. Desde enero de 2020 hasta junio de 2024, la empresa estima que ha evitado 20.9 millones de toneladas métricas de emisiones de CO2e a través de la venta de sistemas HVAC de mayor eficiencia, equivalente a quitar de la circulación 5 millones de vehículos a gasolina anualmente.
Watsco (NYSE: WSO)는 2024년 2분기 이익 통화를 2024년 7월 30일 오전 10시(EDT)로 예정하였다고 발표했습니다. 통화는 웹캐스트로 진행되며 회사 웹사이트에서 이용 가능합니다. Watsco는 북미에서 HVAC/R 제품의 최대 유통업체로, 691개 지점을 통해 매년 375,000명 이상의 전문가에게 서비스를 제공합니다. 이 회사는 노후 시스템과 증가하는 에너지 효율성 수요로 인해 성장한 교체 시장에 주목하고 있습니다.
특히, Watsco는 CO2e 배출 감소에 크게 기여했습니다. 2020년 1월부터 2024년 6월까지 회사는 고효율 HVAC 시스템의 판매를 통해 2,090만 미터톤의 CO2e 배출을 방지했다고 추정하고 있으며, 이는 매년 500만 대의 가솔린 차량을 도로에서 제거하는 것에 해당합니다.
Watsco (NYSE: WSO) a annoncé sa conférence sur les résultats du deuxième trimestre 2024, prévue pour le 30 juillet 2024 à 10h00 EDT. La conférence sera diffusée en direct et disponible sur le site web de l'entreprise. Watsco, le plus grand distributeur de produits HVAC/R en Amérique du Nord, sert plus de 375 000 professionnels chaque année à travers ses 691 emplacements. L'entreprise se concentre sur le marché du remplacement, qui a connu une croissance en raison des systèmes vieillissants et des exigences accrues en matière d'efficacité énergétique.
Il convient de noter que Watsco a contribué de manière significative à la réduction des émissions de CO2e. De janvier 2020 à juin 2024, l'entreprise estime avoir évité 20,9 millions de tonnes métriques d'émissions de CO2e grâce à la vente de systèmes HVAC à plus haute efficacité, soit l'équivalent du retrait de 5 millions de véhicules à essence de la circulation chaque année.
Watsco (NYSE: WSO) hat seine Ergebnisbesprechung für das zweite Quartal 2024 angekündigt, die am 30. Juli 2024 um 10:00 Uhr EDT stattfinden wird. Die Besprechung wird live übertragen und auf der Unternehmenswebsite verfügbar sein. Watsco, der größte Distributor von HVAC/R-Produkten in Nordamerika, bedient jährlich über 375.000 Fachleute über seine 691 Standorte. Das Unternehmen konzentriert sich auf den Ersatzmarkt, der gewachsen ist aufgrund von veralteten Systemen und den steigenden Anforderungen an die Energieeffizienz.
Bemerkenswert ist, dass Watsco erheblich zur Reduzierung von CO2e-Emissionen beigetragen hat. Von Januar 2020 bis Juni 2024 schätzt das Unternehmen, dass es 20,9 Millionen metrische Tonnen CO2e-Emissionen durch den Verkauf von effizienteren HVAC-Systemen vermieden hat, was dem Entfernen von 5 Millionen benzinbetriebenen Fahrzeugen von den Straßen jährlich entspricht.
- Watsco operates the largest distribution network for HVAC/R products in North America
- The company serves over 375,000 professionals annually through 691 locations
- Watsco estimates it has averted 20.9 million metric tons of CO2e emissions from January 2020 to June 2024
- None.
MIAMI, July 22, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 second quarter results on Tuesday, July 30, 2024 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 on our website at www.watsco.com. The earnings results will be released before the market opens on July 30, 2024. 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/10190794/fd0b60a026
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 operates 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 over 375,000 owner-operators, technicians, and installers visit or call one of its 691 locations each year to get information, obtain technical support and buy products.
We focus on the replacement market, which has increased in size and importance as a result of the aging of installed systems, the introduction of higher energy efficient models and the necessity of HVAC products in homes and businesses. According to data published in March 2023 by the Energy Information Administration, there are approximately 102 million HVAC systems installed in the United States that have been in service for more than 10 years, most of which operate well below current minimum efficiency standards.
Accordingly, Watsco has the opportunity to be a significant and important contributor toward climate change as it plays an important role to lower CO2e emissions. According to the Department of Energy, HVAC systems account for roughly half of U.S. household energy consumption. As such, replacing older systems at higher efficiency levels is a critical means for homeowners to reduce electricity consumption and their carbon footprint.
Based on estimates validated by independent sources, Watsco averted an estimated 20.9 million metric tons of CO2e emissions from January 1, 2020 to June 30, 2024 through the sale of replacement HVAC systems at higher-efficiency standards, an equivalent of removing 5.0 million gas powered vehicles annually off the road. More information, including sources and assumptions used to support the Company’s estimates, can be found at www.watsco.com.
Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: blogan@watsco.com
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