Watsco to Host 2020 Third Quarter Earnings Call October 22, 2020

Rhea-AI Summary

Watsco, Inc. (NYSE: WSO) will host a conference call on October 22, 2020, at 10:00 a.m. EDT to discuss its third-quarter financial results. The earnings will be released before the market opens on the same day. Investors can pre-register for the call to receive a unique PIN for immediate access. Watsco is the largest HVAC/R distribution network in North America, serving over 300,000 contractors annually through 603 locations. The company focuses on replacing older systems with more energy-efficient solutions, highlighting its commitment to environmental standards.

Positive

• Hosting a conference call to discuss Q3 financial results, indicating transparency with investors.
• Recognition as the largest HVAC/R distribution network in North America, enhancing market position.
• Focus on replacing older HVAC systems aligns with increasing energy efficiency and environmental standards.

Negative

• None.

MIAMI, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2020 third quarter financial results on Thursday, October 22, 2020 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 October 22, 2020. 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/10149053/db22da7140

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 over 300,000 contractors and technicians visit or call one of its 603 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

FAQ

When will Watsco announce its Q3 financial results?

Watsco will announce its Q3 financial results on October 22, 2020, before the market opens.

How can I join the Watsco conference call?

You can join the Watsco conference call by pre-registering or by dialing in directly at the scheduled time.

What is the purpose of the conference call on October 22, 2020?

The conference call is to discuss Watsco's third-quarter financial results.

What is Watsco's core business?

Watsco is primarily involved in the distribution of heating, air conditioning, and refrigeration (HVAC/R) products.