Watsco Reports Record Q3 2024 Sales Performance

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https://www.tipranks.com/news/the-fly/quanta-services-price-target-raised-to-388-from-374-at-stifel

Watsco ( (WSO) ) has issued an update.

Watsco, Inc., a leader in the North American HVAC/R market, reported record sales and strong financial performance for the third quarter of 2024, driven by enhanced operating efficiency and a robust entrepreneurial culture. The company, which has grown through strategic acquisitions and technological innovation, continues to strengthen its market position by leveraging its debt-free balance sheet and advanced digital platforms. Watsco’s focus on scaling its technology and adapting to regulatory changes is expected to fuel long-term growth and offer significant opportunities for contractors to upgrade to energy-efficient systems.

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