Quanta Services (PWR) Tops Q2 View; Guides Q3 Sales Above the Street

August 6, 2008 9:39 AM EDT

Quanta Services, Inc. (NYSE: PWR) reports Q2 EPS of $0.22, 3 cents better than the analyst estimate of $0.19. Revenues for the quarter were $960.9 million, versus the consensus of $902.62 million.

Sees Q3 sales in the range of $1-$1.04 billion, versus the consensus of $972.18 million, and EPS of $0.23-$0.26, versus $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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