Quanta to Report Q3 Earnings: What Investors Should Know?

Core Insights - Quanta Services, Inc. (PWR) is set to report its Q3 2025 results on October 30, with adjusted earnings and revenues expected to show significant year-over-year growth [1][2] Financial Performance - In the last reported quarter, Quanta's adjusted earnings and revenues exceeded the Zacks Consensus Estimate by 2.1% and 3.3%, respectively, with year-over-year growth of 30.5% in earnings and 21.1% in revenues [1] - The consensus estimate for Q3 adjusted EPS is $3.25, reflecting a 19.5% increase from the previous year's EPS of $2.72, while revenues are projected at $7.44 billion, indicating a 14.6% year-over-year growth [2][7] Revenue Drivers - Quanta's Q3 performance is anticipated to be driven by strong execution in core businesses, robust end-market demand, and ongoing strategic growth initiatives [3] - Favorable industry trends and increased infrastructure spending, particularly in electric grid modernization and renewable energy projects, are expected to support revenue growth [4] Segment Performance - The Electric Infrastructure Solutions segment, which contributed 80.6% of Q2 2025 revenues, is projected to be a key earnings driver, with expected revenue growth of 12.7% year-over-year to $5.9 billion and an operating margin expansion of 40 basis points to 11.4% [5][8] - The Underground Utility & Infrastructure Solutions segment, accounting for 19.4% of Q2 2025 revenues, is also expected to show strong performance, with anticipated revenue growth of 13.2% year-over-year to $1.4 billion and a margin increase of 100 basis points to 8.5% [6][8] Earnings Prediction - The current model indicates that Quanta may not conclusively predict an earnings beat this quarter, with an Earnings ESP of -1.48% [9] - The company holds a Zacks Rank of 2, indicating a "Buy" rating [10]