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Watsco: 4Q Earnings Snapshot

February 13, 2020 GMT

COCONUT GROVE, Fla. (AP) _ Watsco Inc. (WSO.B) on Thursday reported fourth-quarter net income of $37.3 million.

The Coconut Grove, Florida-based company said it had net income of 92 cents per share.

The heating and cooling company posted revenue of $1.07 billion in the period.

For the year, the company reported profit of $246 million, or $6.50 per share. Revenue was reported as $4.77 billion.

Watsco shares have decreased nearly 3% since the beginning of the year. The stock has risen 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSO.B at https://www.zacks.com/ap/WSO.B