08:04 AM EDT, 04/28/2026 (MT Newswires) -- Watsco ( WSO ) reported Q1 earnings Tuesday of $1.87 per diluted share, down from $1.93 a year earlier.

Analysts polled by FactSet expected $1.70.

Revenue for the quarter ended March 31 was $1.53 billion, in line with a year earlier.

Analysts polled by FactSet expected $1.49 billion.

Watsco ( WSO ) agreed to acquire Jackson Supply, a distributor with $230 million in 2025 sales and 25 Sunbelt locations, with the deal expected to close in the second quarter.

Financial terms of the agreement were not disclosed.

The company's common shares were up 0.6% in Tuesday premarket trading.