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Compared to Estimates, Quanta Services (PWR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Quanta Services (PWR - Free Report) reported revenue of $9.56 billion, up 41.1% over the same period last year. EPS came in at $4.24, compared to $2.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $8.53 billion, representing a surprise of +12.1%. The company delivered an EPS surprise of +28.88%, with the consensus EPS estimate being $3.29.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Quanta Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Backlog: $53.44 billion versus the three-analyst average estimate of $49.88 billion.
Backlog - Underground and Infrastructure: $9.65 billion compared to the $8.48 billion average estimate based on two analysts.
Backlog - Electric: $43.79 billion compared to the $41.26 billion average estimate based on two analysts.
Revenues- Underground and Infrastructure: $1.72 billion versus $1.62 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +30.7% change.
Revenues- Electric: $7.84 billion compared to the $6.88 billion average estimate based on three analysts. The reported number represents a change of +43.6% year over year.
Operating income (loss)- Electric: $898.23 million versus the three-analyst average estimate of $706.66 million.
Operating income (loss)- Underground and Infrastructure: $155.77 million versus $137.98 million estimated by three analysts on average.
Operating income (loss)- Corporate and non-allocated costs: $-359.16 million versus $-291.81 million estimated by three analysts on average.
Shares of Quanta Services have returned -18.8% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Quanta Services (PWR) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Quanta Services (PWR - Free Report) reported revenue of $9.56 billion, up 41.1% over the same period last year. EPS came in at $4.24, compared to $2.48 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $8.53 billion, representing a surprise of +12.1%. The company delivered an EPS surprise of +28.88%, with the consensus EPS estimate being $3.29.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Quanta Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Quanta Services here>>>
Shares of Quanta Services have returned -18.8% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.