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Market Impact: 0.38

Quanta Services (PWR) Tops Q1 Earnings and Revenue Estimates

PWR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Quanta Services reported quarterly EPS of $2.68, ahead of the $2.04 Zacks Consensus Estimate and up from $1.78 a year ago. The result indicates a solid earnings beat and meaningful year-over-year improvement, which is supportive for the stock and reflects stronger underlying fundamentals.

Analysis

Quanta Services reported quarterly EPS of $2.68, ahead of the $2.04 Zacks Consensus Estimate and up from $1.78 a year ago. The result indicates a solid earnings beat and meaningful year-over-year improvement, which is supportive for the stock and reflects stronger underlying fundamentals.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.48

Ticker Sentiment

PWR0.68