Houston, TX-based Quanta Services, Inc. (PWR Quick QuotePWR - Free Report) is a leading national provider of specialty contracting services. The company is one of the largest contractors serving the transmission and distribution sector of the North American electric utility industry.

Investors should note that earnings estimates for PWR have remained unchanged in the last 60 days for 2019. The company has posted two positive earnings surprises in the past four quarters, resulting in a positive average surprise of 3.22%.

Currently, PWR has a Zacks Rank #4 (Sell), but that could definitely change following its earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Quanta Services, Inc. Price and EPS Surprise

 

Quanta Services, Inc. Price and EPS Surprise | Quanta Services, Inc. Quote

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: PWR beat on earnings. The Zacks Consensus Estimate for earnings called for 91 cents per share, and the company reported adjusted earnings of 96 cents instead.

Revenues: PWR reported revenues of $3.11 billion. This surpassed the consensus estimate of $2.95 million.

Check back later for our full write up on this PWR earnings report later!

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