Key Takeaways FIX's record backlog, data-center strength and inorganic moves fuel faster growth but at a premium valuation.EME's U.K. exit and $12.6B RPOs boost U.S. focus and stability, though its growth cadence is moderating.EPS trends and ROE strongly favor FIX, while EME offers steadier execution at a relative valuation discount.The multi-year tailwinds surrounding the public infrastructure market and private non-residential market are boding well for firms operating in this space, like Comfort Systems ...

DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the trusted global infrastructure leader, will host an Investor Day today at 10 a.m. Eastern Time, during which it will detail the Company's transformative strategic initiatives and increased long-term financial targets. "Following more than five years focused on building a culture, business profile and operating structure to lead our industry, today's announcements reflect the significant strategic successes we have delivered and, importantly, the sub. ...

Core Insights - AECOM is expected to report Q4 fiscal 2025 earnings with an EPS of $1.34 and revenue of $1.95 billion, driven by strong public infrastructure spending and favorable international trends [1][6] - The company has consistently exceeded earnings expectations over the last four quarters, with an average surprise of 9.8% [2][6] Financial Performance - In the previous quarter, AECOM's earnings exceeded expectations by 7.2% and grew 15.5% year-over-year, while revenue increased by 6.1% compared to the previous year, despite a slight miss of 0.6% against estimates [2] - Key financial ratios include a P/E ratio of 28.64, a price-to-sales ratio of 1.10, and an enterprise value to sales ratio of 1.17, indicating the company's market valuation [3][6] Operational Efficiency - The enterprise value to operating cash flow ratio stands at 20.40, and the earnings yield is 3.49%, reflecting the company's operational efficiency [4] - AECOM's debt-to-equity ratio is 1.22, suggesting a moderate use of debt in its operations, while the current ratio of 1.17 indicates a reasonable level of liquidity to cover short-term liabilities [4][5] Strategic Outlook - The company's restructuring efforts and strategic capital allocation are expected to enhance efficiency and profitability, contributing to anticipated growth in the upcoming earnings report [5]

Sterling Infrastructure, Inc. ( STRL ), which provides a range of infrastructure services in categories such as e-infrastructure (which includes the highly lucrative business of providing foundational civil and electrical infrastructure for U.S. data-centers), transportation, residential, and commercial building, hasAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote th ...

November 4, 2025 Q3 2025 EARNINGS CALL DISCLOSURE: Forward-Looking Statements This presentation contains, and the officers and directors of the Company may from time to time make, statements that are considered forward- looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which may include statements about: our business strategy; o ...

Core Insights - Quanta Services, Inc. (PWR) is set to report its Q3 2025 results on October 30, with previous quarter earnings and revenues exceeding estimates by 2.1% and 3.3% respectively, showing year-over-year growth of 30.5% and 21.1% [1][2] Revenue Performance - The Zacks Consensus Estimate for Q3 adjusted EPS has increased to $3.25, reflecting a 19.5% growth from the previous year's EPS of $2.72, while revenue expectations are set at $7.44 billion, indicating a 14.6% year-over-year increase [2] - Quanta's revenue growth is anticipated to be driven by strong public infrastructure demand, supported by federal and state funding initiatives, and increased project activity in high-voltage transmission, grid modernization, and renewable energy [3][4] - Revenue contributions are expected to rise from the Electric Infrastructure Solutions segment (projected to grow 12.7% to $5.9 billion) and the Underground Utility and Infrastructure Solutions segment (expected to increase 13.2% to $1.43 billion) [5] Margin Analysis - Despite challenges such as inflated labor costs and supply inefficiencies, Quanta's top-line growth and efficient project execution are likely to support margin expansion, with overall operating margin expected to increase by 10 basis points to 6.7% [6][8] - The Electric Infrastructure Solutions segment is projected to see an operating margin expansion of 40 basis points to 11.4%, while the Underground Utility and Infrastructure Solutions segment is expected to increase by 100 basis points to 8.5% [9] Earnings Prediction - The current model does not predict a definitive earnings beat for Quanta, as it has an Earnings ESP of -1.48%, despite holding a Zacks Rank of 2 (Buy) [10][11]

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]

Core Insights - The U.S. infrastructure market is experiencing growth due to federal and state funding initiatives aimed at enhancing public infrastructure and sustainability, benefiting companies like Sterling Infrastructure, Inc. and Granite Construction Incorporated [1][2] - A recent Federal Reserve rate cut is expected to further stimulate investments in large-scale projects, enhancing the market environment for these companies [2] Company Analysis: Sterling Infrastructure, Inc. (STRL) - Sterling has a market capitalization of approximately $11 billion and is shifting focus towards large mission-critical projects, such as data centers and manufacturing, due to weakness in the housing market [4] - The E-Infrastructure Solutions segment, which contributes 51% to total revenues, saw a year-over-year revenue growth of 24.2% in the first half of 2025, with a backlog increase of 44% to $1.2 billion [5] - The company expects E-Infrastructure Solutions revenue growth of 18% to 20% year-over-year in 2025, with adjusted operating profit margins projected in the mid-to-high 20% range [5] - Recent acquisition of CEC Facilities Group is expected to enhance Sterling's capabilities in mission-critical electrical and mechanical services [6] Company Analysis: Granite Construction Incorporated (GVA) - Granite has a market capitalization of approximately $4.7 billion and is executing a strategic plan aimed at driving construction margins and enhancing organic growth [7] - Revenues in Granite's Construction and Materials segments grew by 2.6% and 13.2% year-over-year, respectively, with Committed and Awarded Projects reaching a record $6.1 billion [9] - Recent acquisitions, including Warren Paving and Papich Construction, are expected to contribute approximately $425 million in annual revenues with an adjusted EBITDA margin of about 18% [10] - Granite's financial performance is supported by a solid project backlog and recent acquisitions, although earnings estimates have remained flat [22] Stock Performance & Valuation - Sterling's stock has outperformed Granite's and the broader construction sector over the past three months, trading at a premium valuation compared to Granite [12][14] - The Zacks Consensus Estimate for STRL's 2025 EPS indicates a year-over-year growth of 56.9%, while GVA's estimates imply improvements of 26.6% [18][20] - Sterling's trailing 12-month ROE of 29.1% exceeds Granite's average, indicating higher efficiency in generating shareholder returns [20] Investment Recommendation - Sterling is positioned as a stronger investment choice due to its accelerating growth, operational leverage, and upward earnings estimate momentum [23] - Granite, while stable, shows slower growth and limited near-term catalysts, reflected in its Zacks Rank of 3 (Hold) [22]

Core Points - Quanta Services, Inc. will release its third quarter 2025 financial results on October 30, 2025, before market opens [1] - A webcast and conference call is scheduled for 9:00 a.m. Eastern time on the same day [1] - Supplemental earnings materials will be posted on the Investor Relations section of Quanta's website shortly after the earnings release [2] - The Operational and Financial Commentary will provide detailed operational and financial information, along with industry and end-market commentary [2] - An archive of the webcast will be available on Quanta's website for those unable to participate live [3] Company Overview - Quanta Services is a leader in providing specialized infrastructure solutions across various industries, including utility, renewable energy, technology, communications, pipeline, and energy [4] - The company offers comprehensive services that include designing, installing, repairing, and maintaining energy and communications infrastructure [4] - Quanta operates in the United States, Canada, Australia, and select international markets, equipped with the manpower, resources, and expertise for projects of varying scopes [4]

Group 1 - Sterling Infrastructure, Inc. (NASDAQ:STRL) has experienced a significant stock price increase, with a 335% gain over the past two years and a 262% rise from its post-Liberation Day lows [1] - The company's E-infrastructure division, which was virtually non-existent six or seven years ago, now accounts for half of Sterling's revenue [1][2] - Sterling Infrastructure provides a range of services including e-infrastructure, transportation, and building solutions, as well as concrete, plumbing, and surveying services for both residential and commercial construction [2]