Quanta Services (PWR) Tops Q3 Views; Guides Q4 Below the Street

November 5, 2008 8:20 AM EST

Quanta Services, Inc. (NYSE: PWR) reports Q3 EPS of $0.29, 3 cents better than the analyst estimate of $0.26. Revenue for the quarter was $1.05 billion, versus the consensus of $1.03 billion.

Sees Q4 sales of $875-$930 million, versus the consensus of $1.03 billion, and EPS of $0.18-$0.20, versus the Street estimate of $0.26.

Quanta Services, Inc., a contracting services company, offers various network solutions to the electric power, gas, telecommunications, cable television, and specialty services industries, as well as to the commercial, industrial, and governmental entities primarily in the United States and Canada.


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