Quanta Services Guides FY EPS $11.41-$11.92, Above Consensus
PWR sits 68% above its 52-week low of $363.01.
Summary
Quanta Services issued full-year EPS guidance of $11.41 to $11.92, a range that likely exceeds current analyst expectations given the company's record Q1 results and strong backlog. The guidance signals management's confidence in sustained demand across its infrastructure services. This follows a $1 billion buyback authorization and dividend increase announced in May, reinforcing a shareholder-friendly capital allocation strategy. The midpoint of $11.67 implies robust earnings growth, though the market will scrutinize whether the range fully captures potential upside from the $30 billion-plus backlog. No specific catalyst date is set, but the next quarterly report will be the first checkpoint against this outlook. Q2 revenue was $9.56B, adjusted diluted EPS $4.24, and adjusted EBITDA $1.1B. Full-year revenue guidance raised to $39.3B-$39.7B, adjusted EPS to $16.45-$16.95, and adjusted EBITDA to $4.09B-$4.21B.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Q2 revenue was $9.56B, adjusted diluted EPS $4.24, and adjusted EBITDA $1.1B. Full-year revenue guidance raised to $39.3B-$39.7B, adjusted EPS to $16.45-$16.95, and adjusted EBITDA to $4.09B-$4.21B.
At the time of this announcement, PWR was trading at $608.65 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $84.2B. The 52-week trading range was $363.01 to $788.75. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.