HOUSTON, April 11, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its first quarter 2025 financial results on Thursday, May 1, 2025, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, May 1, 2025. Earnings Call Format and Supplemental MaterialsShortly following the issuance of its first quarter 2025 earnings release, Quanta will post its supplemental earnings m ...

Company Overview - Quanta Services (PWR) closed at $268.22, down 1.06% from the previous trading session, underperforming the S&P 500's gain of 0.08% [1] - The company has seen a 3.58% decline in share price over the past month, while the Construction sector and S&P 500 have lost 4.98% and 7.33%, respectively [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of $1.72, representing a 21.99% increase year-over-year [2] - Quarterly revenue is anticipated to be $5.89 billion, up 16.98% from the same period last year [2] Annual Estimates - For the annual period, earnings are projected at $10.18 per share and revenue at $26.9 billion, indicating increases of 13.49% and 13.63% year-over-year, respectively [3] - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends and analyst optimism [3] Analyst Ratings and Momentum - Estimate revisions are correlated with near-term share price momentum, and the Zacks Rank system can help investors capitalize on this [4] - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically returning an average annual gain of +25% since 1988 [5] - Quanta Services currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Quanta Services has a Forward P/E ratio of 26.64, which is a premium compared to the industry average of 17.24 [6] - The company has a PEG ratio of 2.02, while the Engineering - R and D Services industry has an average PEG ratio of 1.3 [6] Industry Context - The Engineering - R and D Services industry is part of the Construction sector and holds a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

HOUSTON, March 21, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.10 per share, or a rate of $0.40 per share on an annualized basis. The dividend is payable on April 11, 2025, to stockholders of record as of April 3, 2025. About Quanta ServicesQuanta is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and e ...

Company Performance - Quanta Services (PWR) closed at $263.36, reflecting a -1.51% change from the previous session, underperforming the S&P 500's loss of 1.07% [1] - The stock has decreased by 6.32% over the past month, which is better than the Construction sector's loss of 6.73% and the S&P 500's loss of 7.03% [1] Upcoming Earnings - Analysts expect Quanta Services to report an EPS of $1.72, representing a 21.99% increase year-over-year [2] - Revenue is anticipated to be $5.89 billion, indicating a 17.03% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, earnings are projected at $10.18 per share and revenue at $26.9 billion, reflecting increases of +13.49% and +13.64% respectively from the previous year [3] Analyst Revisions - Recent changes to analyst estimates for Quanta Services suggest positive short-term business trends, which are generally viewed as favorable for the company's outlook [3] Zacks Rank and Performance - Quanta Services has a Zacks Rank of 3 (Hold), with the consensus EPS projection having increased by 0.46% in the last 30 days [5] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] Valuation Metrics - Quanta Services is currently trading at a Forward P/E ratio of 26.28, which is higher than the industry average of 16.76, indicating a premium valuation [6] - The company has a PEG ratio of 1.99, compared to the industry average of 1.27, suggesting a higher expected earnings growth rate relative to its price [7] Industry Context - The Engineering - R and D Services industry, part of the Construction sector, holds a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [8] - Strong industry rankings correlate with better performance, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Captiva Verde Wellness Corp. has announced a strategic partnership with Genesis Water Technologies to address global water scarcity issues through innovative water production technologies [1][4]. Company Overview - Captiva Verde is a public company listed on the Canadian Securities Exchange and the US OTC Market, focusing on partnerships that support Indigenous development and economic growth in sustainability and renewable resources [15]. - Matnaggewinu Development Corporation (MDC) is a 49% owned subsidiary of Captiva Verde, dedicated to advancing economic development for Mi'kmaq communities through sustainable projects [14]. Genesis Water Technologies - Genesis Water Technologies is a global leader in specialized pure water production, addressing the international drinking water crisis, with over 1.8 billion people currently living in water scarcity [2]. - The company has developed patented methods for producing renewable water from air, with applications in agriculture, energy, tourism, hospitals, emergency response, military, and municipal water supplies [2][3]. - Genesis Systems' technology is recognized for its scalability and efficiency, making it suitable for implementation in challenging environments worldwide [3][4]. Leadership and Expertise - Dr. David Stuckenberg, co-founder of Genesis Water Systems, has over 25 years of experience in infrastructure, water technology, and renewable energy sectors, providing strategic insights for Captiva Verde and MDC [5][10]. - His background includes significant roles in government and industry, contributing to national critical infrastructure resilience and innovative technology strategies [7][8]. Strategic Importance - The partnership with Genesis Water Technologies positions Captiva Verde and MDC at the forefront of sustainable technology solutions, enhancing their role in the global clean technology market [12].

Quanta Services, Inc. (NYSE:PWR) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President and CEO Jayshree Desai - Chief Financial Officer Conference Call Participants Chad Dillard - Bernstein Ati Modak - Goldman Sachs Jamie Cook - Truist Securities Steven Fisher - UBS Julien Dumoulin Smith - Jefferies Steve Fleishman - Wolfe Research Justin Hauke - Robert W. Baird Brian Brophy - Stifel Adam Thalhimer - Thompso ...

Fleet and Workforce - As of December 31, 2024, the total fleet size was approximately 77,000 units, which includes owned and leased trucks, trailers, and specialty construction equipment [51]. - Approximately 58,400 employees were reported as of December 31, 2024, with 32% covered by collective bargaining agreements [61]. Manufacturing and Supply Chain - The company has invested in domestic manufacturing capabilities for critical components, including high- and low-voltage power transformers, to alleviate supply chain constraints [53]. Revenue and Seasonal Trends - Revenue is typically lowest in the first quarter due to adverse weather conditions, with the highest revenues generally occurring in the third and fourth quarters [55]. - Seasonal variations in revenue are influenced by customer spending patterns and project timing, with infrastructure projects often delayed until capital budgets are finalized [55]. Labor and Safety - The company is focused on attracting and retaining skilled labor, with strategic relationships established with universities and unions to address labor shortages [64]. - The company has implemented extensive safety programs and training, including the Quanta Advanced Training Center, to ensure employee safety and compliance with regulations [62]. Regulatory and Environmental Impact - Regulatory changes, such as those from the IRA and IIJA, are expected to positively impact long-term demand for services related to renewable energy projects [59]. - Climate change has resulted in operational challenges and opportunities, influencing productivity and project timelines due to severe weather events [73]. - The company has seen fluctuations in emergency restoration services due to climate-related events, impacting customer spending on infrastructure improvements [73]. - Increased demand for renewable energy infrastructure services is anticipated as utility customers transition to sustainable power generation sources [75]. - The company has strategically focused on expanding natural gas utility services in response to climate change-related market dynamics [76]. - New regulations related to climate change could significantly increase operational costs, particularly concerning greenhouse gas emissions and fuel prices [77]. Financial Risks and Capital Management - Significant resources are allocated to the utilization of equipment, which is critical for maintaining operational efficiency and profitability [51]. - The company is subject to various federal, state, and local regulations that could materially affect operations if not complied with [56]. - Variable rate indebtedness exposes the company to interest rate risk, with increased debt service obligations due to rising interest rates [195]. - The ability to obtain surety bonds and financial assurances is critical for project bidding, with potential market conditions affecting availability [196]. - A downgrade in the company's credit rating could restrict access to capital markets and increase borrowing costs [199]. - Future equity issuances may dilute existing stockholders' ownership and affect the market price of common stock [200]. - The company maintains a captive insurance company to manage risks, with potential claims up to $50 million per occurrence [79].

Quanta Services (PWR) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.36%. A quarter ago, it was expected that this specialty contractor for utility and energy companies would post earnings of $2.66 per share when it actually produced earnings of $2.72, delivering a surprise of 2.2 ...

Exhibit 99.1 PRESS RELEASE "Quanta's fourth-quarter results reflect the strength of our business, delivering double-digit growth across key financial metrics, $575 million in free cash flow and record backlog. This caps another year of success, with record revenues, profits and cash flow, while maintaining a rock-solid balance sheet that positions us for continued strategic growth. I want to recognize the unwavering dedication of our Quanta family, whose expertise and commitment to excellence continues to d ...

Core Insights - Quanta Services, Inc. reported strong financial results for Q4 2024, with revenues of $6.55 billion, a 13.3% increase from $5.78 billion in Q4 2023, and net income of $305.1 million, or $2.03 per diluted share, compared to $210.9 million, or $1.42 per diluted share, in the same period last year [1][4][7] - The company achieved record annual revenues of $23.67 billion for 2024, up from $20.88 billion in 2023, with adjusted diluted earnings per share increasing to $8.97 from $7.16 [4][7] - Quanta expects continued growth in 2025, projecting revenues between $26.60 billion and $27.10 billion, with net income ranging from $1.04 billion to $1.13 billion, and adjusted EBITDA between $2.66 billion and $2.80 billion [10][8] Financial Performance - Q4 2024 adjusted diluted earnings per share was $2.94, up from $2.04 in Q4 2023, reflecting strong operational performance [1][4] - Full-year 2024 adjusted EBITDA reached $2.33 billion, compared to $1.92 billion in 2023, indicating a robust operational efficiency [4][7] - The company generated $575 million in free cash flow in Q4 2024, contributing to a solid balance sheet [2][4] Market Position and Strategy - Quanta is positioned as a leader in the power and infrastructure solutions industry, benefiting from increasing demand for energy and technology infrastructure [3][2] - The company completed eight acquisitions in 2024, enhancing its service offerings and market reach [3][8] - Quanta's total backlog reached $34.54 billion, with remaining performance obligations of $16.76 billion, indicating strong future revenue visibility [4][30] Segment Performance - The Electric Power Infrastructure Solutions segment generated revenues of $3.41 billion in Q4 2024, with an operating margin of 13.1%, up from 10.5% in Q4 2023 [26][25] - The Renewable Energy Infrastructure Solutions segment reported revenues of $1.98 billion in Q4 2024, with a margin of 10.5%, compared to 8.9% in the previous year [26][25] - The Underground Utility and Infrastructure Solutions segment had revenues of $1.17 billion in Q4 2024, with a margin of 3.6%, down from 6.6% in Q4 2023 [26][25] Future Outlook - The company anticipates double-digit growth in revenue, adjusted EBITDA, and earnings per share for 2025, supported by a strong backlog and market demand [3][10] - Quanta's strategic focus includes expanding its total addressable market and reinforcing its leadership in essential infrastructure solutions [3][2] - The company plans to continue its capital deployment strategy, including acquisitions and stock repurchase programs, to enhance shareholder value [11][10]