Watsco to Host 2013 First Quarter Earnings Conference Call April 18, 2013
MIAMI -- April 10, 2013
Watsco, Inc. (NYSE: WSO) (Paris: WSO) announced today that it will host a
conference call to discuss its 2013 first quarter earnings results on
Thursday, April 18, 2013 at 10:00 a.m. (EDT). Prepared remarks regarding the
financial and operational results for the first quarter will be followed by a
question and answer session with Watsco’s 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 April 18, 2013. 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:
Participants that would like to join the conference call, but have not
pre-registered, can do so by dialing (877) 270-2148 within the United States
or (412) 902-6510 internationally and asking for the “Watsco Conference Call.”
Please call five to ten minutes prior to the scheduled start time as the
number of telephone connections is limited.
Watsco improves indoor living and working environments with air conditioning
and heating solutions that provide comfort regardless of the outdoor climate.
Our solutions also promote healthier indoor spaces by removing pollutants from
the indoor air that can lead to asthma, allergies and reductions in
productivity. Furthermore, since heating and cooling accounts for
approximately 56% of the energy consumed in a typical United States home, we
offer consumers the greatest opportunity to save money on energy by replacing
existing air conditioning and heating systems with more energy efficient and
environmentally friendly solutions.
There are approximately 89 million central air conditioning and heating
systems installed in the United States that have been in service for more than
10 years. 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 our
competitors as the movement toward reducing energy consumption and its
environmental impact continues. We operate from more than 570 locations in the
United States, Canada, Mexico and Puerto Rico, with additional market coverage
on an export basis to Latin America and the Caribbean. As the industry leader,
significant growth potential remains given that our current revenue run-rate
is approximately 10% of the estimated $35 billion marketplace in the Americas
for HVAC/R products. Additional information about Watsco may be found at
Barry S. Logan, 305-714-4102
Senior Vice President
Press spacebar to pause and continue. Press esc to stop.