Latest news with #QuantaServices
Yahoo
2 days ago
- Business
- Yahoo
What to Expect From Quanta Services' Q2 2025 Earnings Report
With a market cap of $59.8 billion, Quanta Services, Inc. (PWR) is a leading specialty contractor focused on designing, building, maintaining, and repairing infrastructure networks across North America. Headquartered in Houston, Texas, it benefits from rising demand for grid modernization, clean energy, and data center infrastructure, specially with AI-driven power needs. The industrial giant is expected to report its Q2 earnings on Thursday, July 31, before the market opens. Ahead of the event, analysts expect PWR to report a profit of $2.23 per share, up 31.2% from a profit of $1.70 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while only missing on one occasion. More News from Barchart It's Never 'Happened in the History of Tech to Any Company Before': OpenAI's Sam Altman Says ChatGPT is Growing at an Unprecedented Rate Ditch 'Basic' Nvidia and Buy This 'Unique' Chip Stock Instead Tesla Earnings, Powell Speech and Other Can't Miss Items this Week Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current year, analysts expect PWR to report EPS of $9.52, up 16% from $8.21 in fiscal 2024. Looking ahead, analysts expect its earnings to surge 13.7% year-over-year to $10.82 per share in fiscal 2026. Over the past year, PWR shares have surged 52.4%, outperforming the S&P 500 Index's ($SPX) 13.6% gains and the Industrial Select Sector SPDR Fund's (XLI) 20.6% uptick over the same time frame. On May 1, Quanta Services shares surged nearly 10% following the release of its Q1 2025 results, thanks to robust demand tied to U.S. power grid upgrades, a surge in AI-driven data center construction, and the ongoing reshoring of manufacturing amid global supply chain realignments. It posted an adjusted EPS of $1.78 and revenue of $6.2 billion, both exceeding analyst expectations. The company also lifted its full-year profit guidance to a range of $10.05 to $10.65 per share, above consensus estimates. Moreover, analysts remain fairly bullish about PWR stock's prospects, with a "Moderate Buy" rating overall. Among 25 analysts covering the stock, 16 recommend a 'Strong Buy' and nine suggest a 'Hold.' PWR currently trades above its mean price of $370.77, and its Street-high target of $440 implies a premium of 9.1% from its prevailing On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Business Insider
3 days ago
- Business
- Business Insider
Quanta Services (PWR) Receives a Rating Update from a Top Analyst
Citi analyst Andrew Kaplowitz maintained a Buy rating on Quanta Services on July 17 and set a price target of $432.00. The company's shares closed last Friday at $403.31. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kaplowitz covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Aecom Technology, and Flowserve. According to TipRanks, Kaplowitz has an average return of 29.9% and a 77.51% success rate on recommended stocks. Currently, the analyst consensus on Quanta Services is a Moderate Buy with an average price target of $375.39, a -6.92% downside from current levels. In a report released on July 18, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $452.00 price target. Based on Quanta Services' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.23 billion and a net profit of $144.26 million. In comparison, last year the company earned a revenue of $5.03 billion and had a net profit of $118.36 million
Yahoo
4 days ago
- Business
- Yahoo
Quanta Services (PWR) Rises As Market Takes a Dip: Key Facts
Quanta Services (PWR) closed the most recent trading day at $403.31, moving +1.36% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.01%. Meanwhile, the Dow experienced a drop of 0.32%, and the technology-dominated Nasdaq saw an increase of 0.05%. Prior to today's trading, shares of the specialty contractor for utility and energy companies had gained 10.4% outpaced the Construction sector's gain of 8.6% and the S&P 500's gain of 5.37%. The investment community will be paying close attention to the earnings performance of Quanta Services in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. In that report, analysts expect Quanta Services to post earnings of $2.43 per share. This would mark year-over-year growth of 27.89%. Simultaneously, our latest consensus estimate expects the revenue to be $6.55 billion, showing a 17.16% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $10.33 per share and revenue of $27.04 billion, which would represent changes of +15.16% and +14.23%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Quanta Services. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.08% higher within the past month. At present, Quanta Services boasts a Zacks Rank of #3 (Hold). Investors should also note Quanta Services's current valuation metrics, including its Forward P/E ratio of 38.52. Its industry sports an average Forward P/E of 21.06, so one might conclude that Quanta Services is trading at a premium comparatively. Also, we should mention that PWR has a PEG ratio of 2.85. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. PWR's industry had an average PEG ratio of 1.82 as of yesterday's close. The Engineering - R and D Services industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 155, positioning it in the bottom 38% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
14-07-2025
- Business
- Malaysian Reserve
Quanta Services Announces Second Quarter 2025 Earnings Release & Webcast Schedule
HOUSTON, July 14, 2025 /PRNewswire/ — Quanta Services, Inc. (NYSE: PWR) announced today that it will release its second quarter 2025 financial results on Thursday, July 31, 2025, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, July 31, 2025. Earnings Call Format and Supplemental Materials Shortly following the issuance of its second quarter 2025 earnings release, Quanta will post its supplemental earnings materials on the Investor Relations section of the Quanta website ( including the Second Quarter 2025 Operational and Financial Commentary, which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings webcast, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. What: Quanta Services Second Quarter 2025 Earnings Webcast When: Thursday, July 31, 2025 – 9:00 a.m. Eastern time How: This event will be facilitated through web-based audio using a Zoom Webinar. To register for and access the event, please log in to the webinar through the Investor Relations section of Quanta's website ( Once registered, if you prefer to access the call by phone, dial-in details will be provided on the event access page on the day of the call. When prompted, please enter the Participant ID to join the call. For those who cannot participate live, an archive of the webcast will be available shortly after the call on the Investor Relations section of Quanta's website ( For more information, please contact Kip Rupp or Sean Eastman at Quanta Services at (713) 629-7600. About Quanta ServicesQuanta is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit Contact: Kip Rupp, CFA, IRC Sean Eastman Quanta Services, Inc. (713) 629-7600
Yahoo
14-07-2025
- Business
- Yahoo
Quanta Services Announces Second Quarter 2025 Earnings Release & Webcast Schedule
HOUSTON, July 14, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its second quarter 2025 financial results on Thursday, July 31, 2025, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, July 31, 2025. Earnings Call Format and Supplemental Materials Shortly following the issuance of its second quarter 2025 earnings release, Quanta will post its supplemental earnings materials on the Investor Relations section of the Quanta website ( including the Second Quarter 2025 Operational and Financial Commentary, which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings webcast, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. What: Quanta Services Second Quarter 2025 Earnings Webcast When: Thursday, July 31, 2025 – 9:00 a.m. Eastern time How: This event will be facilitated through web-based audio using a Zoom Webinar. To register for and access the event, please log in to the webinar through the Investor Relations section of Quanta's website ( Once registered, if you prefer to access the call by phone, dial-in details will be provided on the event access page on the day of the call. When prompted, please enter the Participant ID to join the call. For those who cannot participate live, an archive of the webcast will be available shortly after the call on the Investor Relations section of Quanta's website ( For more information, please contact Kip Rupp or Sean Eastman at Quanta Services at (713) 629-7600. About Quanta ServicesQuanta is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit Contact: Kip Rupp, CFA, IRCSean EastmanQuanta Services, Inc.(713) 629-7600 View original content to download multimedia: SOURCE Quanta Services, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
