COCONUT GROVE, Fla. (AP) _ Watsco Inc. (WSO) on Wednesday reported third-quarter net income of $140.9 million.
The Coconut Grove, Florida-based company said it had profit of $3.62 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.55 per share.
The heating and cooling company posted revenue of $1.78 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $1.82 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSO at https://www.zacks.com/ap/WSO
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