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 ...

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 ...

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) came out with quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.55%. A quarter ago, it was expected that this specialty contractor for utility and energy companies would post earnings of $1.26 per share when it actually produced earnings of $1.41, delivering a surprise of 11 ...

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 * ...

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- ...

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 ...

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 ...

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 ...

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. ...