Watsco Inc (NYSE:WSO)
$ 542.81 -0.36 (-0.07%) Market Cap: 21.87 Bil Enterprise Value: 21.75 Bil PE Ratio: 42.40 PB Ratio: 8.13 GF Score: 85/100

Q1 2023 Watsco Inc Earnings Call Transcript

Apr 20, 2023 / 02:00PM GMT
Release Date Price: $342.93 (+8.32%)
Operator

Good day, and welcome to the Watsco First Quarter 2023 Earnings Conference Call. (Operator Instructions) Please also note that today this event is being recorded. I would now like to turn the conference over to the Chief Executive Officer, Albert Nahmad.

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

Good morning, everyone. I hope you all got to see the Spaceship StarLink launch a few minutes ago, biggest spaceship in the history of our country or probably in the history of the world to climb in our orbit. In any event, welcome to our first quarter earnings call. This is Al Nahmad, Chairman and CEO. And with me is A.J. Nahmad, President; Paul Johnston, Barry Logan and Rick Gomez. Now before we start, a 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 first quarter, especially in light of last year's impressive

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