Watsco, Inc. (WSO) reported a drop in earnings for the third quarter, missing Street estimates. Earnings totaled $150.872 million, or $3.98 per share, compared to $159.145 million, or $4.22 per share, last year. Analysts had expected earnings of $4.29 per share. The company’s revenue for the period fell 4.3% to $2.067 billion from $2.160 billion last year. Earnings at a glance: Earnings of $150.872 million, EPS of $3.98, and revenue of $2.067 billion.

Read more at Nasdaq: Watsco, Inc. Q3 Profit Declines, Misses Estimates