Quanta Services(PWR)
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QUANTA SERVICES REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-01 10:55
Second Quarter Consolidated Revenues of $5.59 Billion* Second Quarter GAAP Diluted EPS of $1.26* and Adjusted Diluted EPS of $1.90* Net Income Attributable to Common Stock of $188.2 Million* and Adjusted EBITDA of $523.2 Million* Year-to-Date Cash Flow From Operations of $629.3 Million and Free Cash Flow of $439.8 Million Remaining Performance Obligations of $14.4 Billion* and Total Backlog of $31.3 Billion* Updating Full-Year 2024 Financial Expectations for the Expected Contribution of Cupertino Electric * ...
What to Expect From Quanta Services' (PWR) Q2 Earnings?
ZACKS· 2024-07-29 17:16
Quanta Services, Inc. (PWR) is scheduled to report second-quarter 2024 results on Aug 1, before the opening bell. In the last reported quarter, the company's adjusted earnings per share (EPS) and revenues surpassed the Zacks Consensus Estimate by 11.9% and 1.5%, respectively. On a year-over-year basis, total revenues increased 13.6%, and EPS grew 13.7%. Encouragingly, earnings topped analysts' expectations in 19 of the trailing 20 quarters. Trend in Estimate Revision The Zacks Consensus Estimate for second- ...
Quanta Services (PWR) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-07-29 14:22
Wall Street analysts expect Quanta Services (PWR) to post quarterly earnings of $1.93 per share in its upcoming report, which indicates a year-over-year increase of 17%. Revenues are expected to be $5.51 billion, up 9.2% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's ...
Why Quanta Services (PWR) Dipped More Than Broader Market Today
ZACKS· 2024-07-23 23:20
The most recent trading session ended with Quanta Services (PWR) standing at $264.46, reflecting a -1.21% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.06%. The specialty contractor for utility and energy companies's shares have seen a decrease of 2.38% over the last month, not keeping up with the Construction sector's gain of 7.48% and the S&P 500's gain of 1.96%. The investment communi ...
Quanta's (PWR) Shares Rise 8% Following CEI Acquisition
ZACKS· 2024-07-19 17:01
Acquisition Synergies Quanta will also gain access to CEI's established mid-market utility-scale solar and battery storage platforms, complementing its existing renewable energy capabilities. Founded in 1954, CEI is a premier provider of electrical infrastructure solutions, offering turnkey services to the technology, renewable energy, infrastructure, and commercial sectors. With a workforce of approximately 4,300 employees, CEI provides engineering, procurement, project management, construction, and modula ...
Quanta Services Announces Second Quarter 2024 Earnings Release & Conference Call Schedule
Prnewswire· 2024-07-11 20:16
What: Quanta Services Second Quarter 2024 Earnings Conference Call When:Thursday, August 1, 2024 – 9:00 a.m. Eastern time How: Live via phone – By dialing (201) 689-8345 or (877) 407-8291 and asking for the Quanta Services Second Quarter 2024 Earnings Conference Call at least 10 minutes prior to the start time. Live via webcast – By logging on to the website through the Investor Relations section of Quanta's website (http://investors.quantaservices.com) For those who cannot participate live, an archive of t ...
Quanta Services (PWR) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-08 23:21
The investment community will be paying close attention to the earnings performance of Quanta Services in its upcoming release. It is anticipated that the company will report an EPS of $1.95, marking a 18.18% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.52 billion, indicating a 9.43% increase compared to the same quarter of the previous year. In the latest trading session, Quanta Services (PWR) closed at $254.66, marking a +0. ...
Captiva Verde Wellness and Miami Padel Club Update
Newsfile· 2024-07-02 15:41
Vancouver, British Columbia--(Newsfile Corp. - July 2, 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 in the US OTC Market under the symbol CPIVF announces several corporate updates. Tommy Sullivan and Chris Harvey have joined the advisory board of Captiva Verde to assist the company in arranging for professional major league sports teams to be our important joint ...
Quanta Services (PWR) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-27 23:21
Shares of the specialty contractor for utility and energy companies have depreciated by 4.1% over the course of the past month, outperforming the Construction sector's loss of 5% and lagging the S&P 500's gain of 3.38%. For the full year, the Zacks Consensus Estimates project earnings of $8.44 per share and a revenue of $22.65 billion, demonstrating changes of +17.88% and +8.48%, respectively, from the preceding year. Empirical research indicates that these revisions in estimates have a direct correlation w ...
Quanta Services (PWR) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-06-21 23:20
In the latest market close, Quanta Services (PWR) reached $274, with a +0.01% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.16% for the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.44 per share and revenue of $22.65 billion, indicating changes of +17.88% and +8.48%, respectively, compared to the previous year. Our research suggests that t ...