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.
Get a deeper insight into the potential performance of Quanta Services (PWR) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Quanta Services (PWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Quanta Services (PWR) concluded the recent trading session at $264.46, signifying a -1.21% move from its prior day's close.
Quanta (PWR) and CEI are set to enhance electrical infrastructure solutions, fostering innovation for utilities and power consumers.
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Quanta Services (PWR) reachead $254.66 at the closing of the latest trading day, reflecting a +0.84% change compared to its last close.
More demand for infrastructural solutions, renewable drive, buyouts and solid backlog aids Quanta (PWR). Yet the cyclicality of business ails.
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