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These 3 Companies Reported Record-Breaking Results
The 2026 Q1 earnings season is in full swing, with many notable companies still on the reporting docket in the weeks to come.
So far, several companies have posted notably strong results, including Newmont, Quanta Servicesand Ametek, which each set quarterly records in one way or another.
Quanta Services Keeps Climbing
Quanta Services yet again delivered another set of robust quarterly results, with both EPS and sales results beating Zacks Consensus Estimates. Adjusted EPS of $2.68 grew by a sizable 50% YoY and reflected a 31.4% surprise, whereas sales of $7.9 billion saw a double-digit 26.3% YoY climb. Importantly, the backlog reached a record $48.5 billion, helping underpin its broader business momentum for a long time to come.
Quanta Services raised guidance across many metrics, driven by a favorable demand environment, further adding to the positivity. The broad guidance hike is very bullish from a share momentum standpoint, a big driver behind the stock’s surge after it reported.
EPS revisions for its current and next fiscal year remain bullish.
AMETEK Reports Record Backlog
AMETEK also reported a strong set of results, with sales of $1.9 billion growing 11% YoY and adjusted EPS of $1.97 growing by 13% from the year-ago period. Both items exceeded our consensus expectations, reflecting surprises of 3.7% and 0.6% across earnings and sales, respectively.
AMETEK reported record EBITDA, with record orders growing 23% year-over-year and leading to a record backlog as well. The company also raised its current-year EPS outlook thanks to the strong demand environment, with shares seeing a nice pop on the back of the results and hovering near all-time highs.
EPS revisions for its current and next fiscal year remain bullish like PWR above.
Newmont Keeps Generating Cash
Newmont has benefited significantly from the rise in gold prices. The average gold price per oz reached $4,900 during the reported period, well above the $2,944 level in the same period last year. Free cash flow of $3.1 billion throughout the period reflected an all-time record.
Newmont’s cash-generating abilities have been a notable boost over recent periods thanks to the favorable backdrop. The amplified cash-generating abilities bring about many positives, such as buybacks, with NEM increasing its current share repurchase program following the favorable results.
The EPS outlook for its current and next fiscal year is the most bullish out of the bunch, with expectations soaring for its current and next fiscal year.
Bottom Line
The 2026 Q1 earnings cycle continues to roll along, with several companies, namely Newmont, Quanta Services and Ametek, all posting quarterly records in one way or another.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Investment Ideas feature highlights: Newmont, Quanta Services and Ametek
For Immediate Release
Chicago, IL – May 5, 2026 – Today, Zacks Investment Ideas feature highlights Newmont (NEM - Free Report) , Quanta Services (PWR - Free Report) and Ametek (AME - Free Report) .
These 3 Companies Reported Record-Breaking Results
The 2026 Q1 earnings season is in full swing, with many notable companies still on the reporting docket in the weeks to come.
So far, several companies have posted notably strong results, including Newmont, Quanta Servicesand Ametek, which each set quarterly records in one way or another.
Quanta Services Keeps Climbing
Quanta Services yet again delivered another set of robust quarterly results, with both EPS and sales results beating Zacks Consensus Estimates. Adjusted EPS of $2.68 grew by a sizable 50% YoY and reflected a 31.4% surprise, whereas sales of $7.9 billion saw a double-digit 26.3% YoY climb. Importantly, the backlog reached a record $48.5 billion, helping underpin its broader business momentum for a long time to come.
Quanta Services raised guidance across many metrics, driven by a favorable demand environment, further adding to the positivity. The broad guidance hike is very bullish from a share momentum standpoint, a big driver behind the stock’s surge after it reported.
EPS revisions for its current and next fiscal year remain bullish.
AMETEK Reports Record Backlog
AMETEK also reported a strong set of results, with sales of $1.9 billion growing 11% YoY and adjusted EPS of $1.97 growing by 13% from the year-ago period. Both items exceeded our consensus expectations, reflecting surprises of 3.7% and 0.6% across earnings and sales, respectively.
AMETEK reported record EBITDA, with record orders growing 23% year-over-year and leading to a record backlog as well. The company also raised its current-year EPS outlook thanks to the strong demand environment, with shares seeing a nice pop on the back of the results and hovering near all-time highs.
EPS revisions for its current and next fiscal year remain bullish like PWR above.
Newmont Keeps Generating Cash
Newmont has benefited significantly from the rise in gold prices. The average gold price per oz reached $4,900 during the reported period, well above the $2,944 level in the same period last year. Free cash flow of $3.1 billion throughout the period reflected an all-time record.
Newmont’s cash-generating abilities have been a notable boost over recent periods thanks to the favorable backdrop. The amplified cash-generating abilities bring about many positives, such as buybacks, with NEM increasing its current share repurchase program following the favorable results.
The EPS outlook for its current and next fiscal year is the most bullish out of the bunch, with expectations soaring for its current and next fiscal year.
Bottom Line
The 2026 Q1 earnings cycle continues to roll along, with several companies, namely Newmont, Quanta Services and Ametek, all posting quarterly records in one way or another.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.