Quanta Services(PWR)

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Captiva Verde Wellness Corporate Update
Newsfile· 2024-08-27 00:06
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde") 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 the following updates: The company has arranged with a European based finder, Cormel Capital LLC, a private placement of 150 million units at $0.02 per unit subject to CSE approval. Each unit comprises one fu ...
Looking for a Growth Stock? 3 Reasons Why Quanta Services (PWR) is a Solid Choice
ZACKS· 2024-08-22 17:45
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Quanta Services identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - Quanta Services has a historical EPS growth rate of 23.2%, with projected EPS growth of 18.3% for the current year, surpassing the industry average of 14.9% [5]. Group 2: Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 1.4, indicating it generates $1.4 in sales for every dollar in assets, which is higher than the industry average of 1.14 [7]. Group 3: Sales Growth - Quanta Services is expected to achieve a sales growth of 14.1% this year, significantly outpacing the industry average of 6.2% [7]. Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Quanta Services, with the Zacks Consensus Estimate for the current year increasing by 0.4% over the past month [8]. Group 5: Overall Positioning - Quanta Services holds a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it well for potential outperformance in the growth stock category [9].
Are Construction Stocks Lagging Quanta Services (PWR) This Year?
ZACKS· 2024-08-08 14:40
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Quanta Services (PWR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question. Quanta Services is one of 91 companies in the Construction group. The Construction group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank include ...
Quanta Services Announces Pricing of Senior Notes Offering
Prnewswire· 2024-08-07 21:46
HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) ("Quanta") announced today the pricing of its offering (the "Offering") of (i) $600,000,000 aggregate principal amount of 4.75% senior notes due 2027 (the "2027 Notes") at a price to the public 99.818% of their face value, and (ii) $650,000,000 aggregate principal amount of 5.25% senior notes due 2034 (the "2034 Notes" and, together with the 2027 Notes, the "Notes") at a price to the public 99.409% of their face value. The Offering is e ...
3 Reasons Why Quanta Services (PWR) Is a Great Growth Stock
ZACKS· 2024-08-06 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth ...
Renewable Energy Infrastructure Aids Quanta (PWR) in Q2 Earnings
ZACKS· 2024-08-02 15:50
Quanta Services Inc.'s (PWR) shares declined 4% during the Aug 1 trading session after it released its secondquarter 2024 earnings. The market's negative reaction likely stemmed from the mixed results, wherein its earnings fell short of the consensus mark and revenues surpassed the same. Additionally, lower-than-expected performance in two of its three segments — Electric Power Infrastructure Solutions and Underground Utility and Infrastructure Solutions — may have further contributed to the decline. Noneth ...
Quanta (PWR) Q2 Earnings Miss Estimates, 2024 Guidance Raised
ZACKS· 2024-08-01 18:31
Quanta Services Inc. (PWR) reported mixed results for second-quarter 2024, wherein adjusted earnings missed the Zacks Consensus Estimate, but revenues surpassed the same. Both metrics increased on a year-over-year basis. However, shares of this leading national provider of specialty contracting services fell 1.3% in the pre-market trading session on Aug 1. Quanta's performance in the second quarter marks a strong base for the rest of 2024, characterized by impressive growth across key metrics. Moreover, the ...
Quanta Services(PWR) - 2024 Q2 - Earnings Call Transcript
2024-08-01 16:47
Quanta Services, Inc. (NYSE:PWR) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kip Rupp - VP, IR Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Justin Hauke - Baird Sangita Jain - KeyBanc Capital Markets Brian Brophy - Stifel Jamie Cook - Truist Michael Dudas - Vertical Research Partners Alex Rygiel - B. Riley Securities Steven Fisher - UBS Neil Mehta - Goldman Sachs Chad Dillard - Bernstein Andy Kaplowitz - Citi Operator Greetings, and we ...
Quanta Services (PWR) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-01 14:36
For the quarter ended June 2024, Quanta Services (PWR) reported revenue of $5.59 billion, up 10.8% over the same period last year. EPS came in at $1.90, compared to $1.65 in the year-ago quarter. The reported revenue represents a surprise of +1.51% over the Zacks Consensus Estimate of $5.51 billion. With the consensus EPS estimate being $1.93, the EPS surprise was -1.55%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Quanta Services(PWR) - 2024 Q2 - Quarterly Report
2024-08-01 13:55
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 June 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 jurisd ...