Watsco posts 4Q profit

Watsco posts profit of $26.5 million in 4th quarter

COCONUT GROVE, Fla. (AP) _ Watsco Inc. (WSO.B) on Tuesday reported fourth-quarter profit of $26.5 million.

The Coconut Grove, Florida-based company said it had net income of 81 cents per share.

The heating and cooling company posted revenue of $913.6 million in the period.

For the year, the company reported profit of $168 million, or $5.15 per share. Revenue was reported as $4.22 billion.

Watsco shares have increased almost 3 percent since the beginning of the year. The stock has increased 37 percent 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

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Keywords: Watsco, Earnings Report

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