Watsco reports mixed Q3 earnings but sees potential for growth with A2L refrigerants

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Watsco, Inc. reported mixed results for the third quarter of 2024. The company noted an improving market outlook, driven by a shift to A2L refrigerants, which is expected to boost pricing and demand. Despite the mixed earnings, Watsco anticipates better market conditions ahead. The focus on A2L refrigerants is seen as a key factor for future growth. The company’s performance reflects a potential for market-beating returns, contrasting with previous challenges. Investors are watching closely for developments in this area.


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