Watsco (WSO) reported $1.53 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.2%. EPS of $1.93 for the same period compares to $2.17 a year ago.

The reported revenue represents a surprise of -7.62% over the Zacks Consensus Estimate of $1.66 billion. With the consensus EPS estimate being $2.29, the EPS surprise was -15.72%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Watsco performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- HVAC Equipment: $1.03 billion versus $1.14 billion estimated by three analysts on average.
• Revenues- Commercial Refrigeration Products: $61.24 million versus $66 million estimated by three analysts on average.
• Revenues- HVAC Products: $444.02 million compared to the $440.44 million average estimate based on three analysts.

View all Key Company Metrics for Watsco here>>>

Shares of Watsco have returned -2.9% over the past month versus the Zacks S&P 500 composite's -6.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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