Compared to Estimates, Quanta Services (PWR) Q2 Earnings: A Look at Key Metrics

Core Insights - Quanta Services reported revenue of $6.77 billion for the quarter ended June 2025, marking a year-over-year increase of 21.1% and an EPS of $2.48 compared to $1.90 a year ago, exceeding both revenue and EPS consensus estimates [1] Financial Performance - The reported revenue of $6.77 billion surpassed the Zacks Consensus Estimate of $6.55 billion by 3.34%, while the EPS of $2.48 exceeded the consensus estimate of $2.43 by 2.06% [1] - Quanta Services' stock has returned +10.1% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change, and currently holds a Zacks Rank 3 (Hold) [3] Backlog and Revenue Breakdown - Total backlog stands at $35.84 billion, slightly below the two-analyst average estimate of $36.11 billion [4] - Backlog for Underground Utility and Infrastructure Solutions is $5.56 billion, exceeding the $5.42 billion average estimate [4] - Backlog for Electric Power Infrastructure Solutions is $30.28 billion, below the $30.69 billion estimated by two analysts [4] - Revenues from Underground Utility and Infrastructure Solutions reached $1.31 billion, slightly above the six-analyst average estimate of $1.3 billion, reflecting an 18.7% year-over-year change [4] - Revenues from Electric Power Infrastructure Solutions were $5.46 billion, surpassing the $5.25 billion estimate and showing a significant year-over-year increase of 122.6% [4] Operating Income Analysis - Operating income for Electric Power Infrastructure Solutions was reported at $552.62 million, exceeding the $528.34 million average estimate [4] - Operating income for Underground Utility and Infrastructure Solutions was $90.7 million, slightly below the $95.1 million average estimate [4] - Corporate and non-allocated costs reported an operating loss of $273.04 million, worse than the five-analyst average estimate of $-227.74 million [4]