Here is how Quanta Services (PWR) and Great Lakes Dredge & Dock (GLDD) have performed compared to their sector so far this year.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Quanta Services (PWR) possesses solid growth attributes, which could help it handily outperform the market.
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Here is how Quanta Services (PWR) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.
Quanta Services (PWR) possesses solid growth attributes, which could help it handily outperform the market.
Quanta's (PWR) second-quarter results reflect continued demand for services given the focus on renewable energy and power grid infrastructure revamp.
Quanta's (PWR) second-quarter results benefit from strength in the Electric Power and Renewable Energy segments.
Quanta Services, Inc. (NYSE:PWR ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kip Rupp - VP, IR Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Justin Hauke - Baird Sangita Jain - KeyBanc Capital Markets Brian Brophy - Stifel Jamie Cook - Truist Michael Dudas - Vertical Research Partners Alex Rygiel - B. Riley Securities Steven Fisher - UBS Neil Mehta - Goldman Sachs Chad Dillard - Bernstein Andy Kaplowitz - Citi Operator Greetings, and welcome to the Quanta Services Second Quarter 2024 Earnings Conference Call.
Although the revenue and EPS for Quanta Services (PWR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Quanta Services (PWR) came out with quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.65 per share a year ago.
Quanta Services' (PWR) second-quarter results are likely to reflect more demand for infrastructure solutions that help support customers' energy-transition initiatives and modernization.