Watsco Inc (NYSE:WSO)
$ 542.99 -0.18 (-0.03%) Market Cap: 21.88 Bil Enterprise Value: 21.77 Bil PE Ratio: 42.42 PB Ratio: 8.13 GF Score: 85/100

Q4 2022 Watsco Inc Earnings Call Transcript

Feb 16, 2023 / 03:00PM GMT
Release Date Price: $324.1 (+5.36%)
Operator

Good morning, and welcome to the Watsco Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Albert Nahmad, CEO and Chairman. Please go ahead.

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

Morning everyone. I do hope everyone is healthy and not struck by the virus. Welcome to our fourth quarter earnings call, and this is Al Nahmad, Chairman and CEO. With me is A.J. Nahmad, President of Watsco and Paul Johnston, Barry Logan and Rick Gomez.

Before we start, here's our cautionary statement. This conference call has forward-looking statements as defined by 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. Now Watsco delivered an exceptional quarter to close out a fantastic year. We are especially pleased because in the fourth quarter of last year, I should say, the prior

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