Quanta Services(PWR)

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Compared to Estimates, Quanta Services (PWR) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-31 14:36
Quanta Services (PWR) reported $6.49 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 15.5%. EPS of $2.72 for the same period compares to $2.24 a year ago.The reported revenue represents a surprise of -0.94% over the Zacks Consensus Estimate of $6.55 billion. With the consensus EPS estimate being $2.66, the EPS surprise was +2.26%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...
Quanta Services(PWR) - 2024 Q3 - Quarterly Report
2024-10-31 14:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other j ...
Quanta Services (PWR) Q3 Earnings Top Estimates
ZACKS· 2024-10-31 13:11
Quanta Services (PWR) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this specialty contractor for utility and energy companies would post earnings of $1.93 per share when it actually produced earnings of $1.90, delivering a surprise of -1.5 ...
Quanta Services(PWR) - 2024 Q3 - Quarterly Results
2024-10-31 10:58
Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE 24-18 Contacts: Jayshree Desai, CFO Media – Liz James Kip Rupp, CFA, IRC - Investors FGS Global Quanta Services, Inc. (281) 881-5170 (713) 629-7600 QUANTA SERVICES REPORTS THIRD QUARTER 2024 RESULTS Third Quarter Consolidated Revenues of $6.5 Billion* Third Quarter GAAP Diluted EPS of $1.95* and Adjusted Diluted EPS of $2.72* Net Income Attributable to Common Stock of $293.2 Million* and Adjusted EBITDA of $682.8 Million* Year-to-Date Cash Flow From Operation ...
QUANTA SERVICES REPORTS THIRD QUARTER 2024 RESULTS
Prnewswire· 2024-10-31 10:55
Third Quarter Consolidated Revenues of $6.5 Billion*Third Quarter GAAP Diluted EPS of $1.95* and Adjusted Diluted EPS of $2.72*Net Income Attributable to Common Stock of $293.2 Million* and Adjusted EBITDA of $682.8 Million*Year-to-Date Cash Flow From Operations of $1.37 Billion* and Free Cash Flow of $979.3 Million*Remaining Performance Obligations of $15.6 Billion* and Total Backlog of $34.0 Billion* Raising Mid-Point of Full-Year 2024 Adjusted Earnings Per Share Expectations* = Record quarterly or record ...
Unveiling Quanta Services (PWR) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-28 14:21
Wall Street analysts expect Quanta Services (PWR) to post quarterly earnings of $2.66 per share in its upcoming report, which indicates a year-over-year increase of 18.8%. Revenues are expected to be $6.55 billion, up 16.6% from the year-ago quarter. The current level reflects an upward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a ...
Quanta Services (PWR) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-10-14 23:22
The latest trading session saw Quanta Services (PWR) ending at $310.98, denoting a +0.5% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.77%. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. The specialty contractor for utility and energy companies's shares have seen an increase of 14.8% over the last month, surpassing the Construction sector's gain of 5.93% and the S&P 500's gain of 4.87%. Market participants ...
Here's Why Quanta Services (PWR) is a Great Momentum Stock to Buy
ZACKS· 2024-10-14 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...
Captiva Announces Amendments to Share Repurchase and Option Agreements
Newsfile· 2024-10-11 13:00
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2024) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva") a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the symbol CPIVF announces that, further to its news release of August 30, 2024, the Company has entered into: (i) an amending agreement (the "Repurchase Amending Agreement") in respect of the previously announced share repurchase agreement ...
Quanta Services (PWR) Advances But Underperforms Market: Key Facts
ZACKS· 2024-10-08 23:20
Quanta Services (PWR) closed the latest trading day at $308.67, indicating a +0.38% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%. The the stock of specialty contractor for utility and energy companies has risen by 22.97% in the past month, leading the Construction sector's gain of 8.21% and the S&P 500's gain of 5.41%. The investment community will be paying close at ...