Watsco Inc (NYSE:WSO)
$ 542.93 -0.24 (-0.04%) Market Cap: 21.87 Bil Enterprise Value: 21.75 Bil PE Ratio: 42.40 PB Ratio: 8.13 GF Score: 85/100

Q1 2020 Watsco Inc Earnings Call Transcript

Apr 23, 2020 / 02:00PM GMT
Release Date Price: $151.51 (+1.56%)
Operator

Good day, and welcome to the Watsco First Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Albert Nahmad, CEO. Please go ahead.

Albert H. Nahmad
Watsco, Inc. - Chairman & CEO

Morning, everyone. Welcome to the first quarter earnings call.

This is Al Nahmad, Chairman and CEO. With me is A.J. Nahmad, President; Paul Johnston, Executive Vice President; and Barry Logan, Executive Vice President.

Now before we start, our cautionary statement. This conference call has forward-looking statements as defined by the SEC laws and regulations that are made pursuant to the safe harbor provisions of these various laws. Ultimate results may differ materially from the forward-looking statements.

Once again, good morning. I hope you and your families are healthy and getting through this period safely.

Today's press release speaks to Watsco's strength and innovative spirit. These are attributes that we believe will bring

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