Watsco's Trading Volume Surges 217.1% to $601 Million, Ranks 151st in Market Activity Despite 11.28% Share Decline

On April 23, 2025, Watsco's trading volume reached $601 million, marking a 217.1% increase from the previous day and ranking 151st in the day's stock market activity. Watsco (WSO) shares fell by 11.28%.

Watsco reported its financial results for the first quarter of 2025, with earnings per share (EPS) of $1.93, which fell short of the expected $2.26. The company's net income attributable to shareholders was $80.061 million.

Watsco's first-quarter results were impacted by a major product transition affecting 55% of its sales. Revenue decreased by 2% to $1.53 billion, while gross profit remained flat at $430 million. The gross profit margin improved by 60 basis points to 28.1%.

Watsco's operating income for the quarter was $112 million, with an operating margin of 7.3%. The company's revenue decline of 2% to $1.53 billion was accompanied by a 7.3% miss in analyst estimates, which were $1.65 billion.