MIAMI--(EON: Enhanced Online News)--Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2013 third quarter earnings results on Wednesday, October 16, 2013 at 10:00 a.m. (EDT). Prepared remarks regarding the financial and operational results for the third quarter will be followed by a question and answer session with Watsco’s senior management team.
The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at http://www.watsco.com. The earnings results will be released before the market opens on October 16, 2013. A replay of the conference call will be available on our website.
Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time.
To pre-register, go to: http://dpregister.com/10034948
Participants that would like to join the conference call, but have not pre-registered, can do so by dialing (866) 652-5200 within the United States or (412) 317-6060 internationally and asking for the “Watsco, Inc” call. Please call five to ten minutes prior to the scheduled start time as the number of telephone connections is limited.
Watsco improves indoor living and working environments with air conditioning and heating solutions that provide comfort regardless of the outdoor climate. Since heating and cooling accounts for approximately 56% of the energy consumed in a typical United States home, we offer consumers the greatest opportunity to save money on energy by replacing existing air conditioning and heating systems with more energy efficient and environmentally friendly solutions.
There are approximately 90 million central air conditioning and heating systems installed in the United States that have been in service for more than 10 years. Older systems often operate below today’s government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than our competitors as the movement toward reducing energy consumption and its environmental impact continues. We operate from more than 570 locations in the United States, Canada, Mexico and Puerto Rico, with additional market coverage on an export basis to Latin America and the Caribbean. As the industry leader, significant growth potential remains given that our current revenue run-rate is approximately 10% of the estimated $35 billion marketplace in the Americas for HVAC/R products. Additional information about Watsco may be found at http://www.watsco.com.