Quanta Services Q2 Adj. EPS $4.24 Beats $3.30 Estimate, Sales $9.556B Beat $8.613B Estimate
Quanta Services (NYSE:PWR) reported quarterly earnings of $4.24 per share which beat the analyst consensus estimate of $3.30 by 28.48 percent. This is a 70.97 percent increase over earnings of $2.48 per share from the
Quanta Services made way more money than experts predicted—their profits were almost three times bigger than expected, and sales were also much stronger. When a company beats predictions by this much, it shows the business is doing really well, which is something to notice when watching how the company performs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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