Quanta Services (PWR) Tops Q3 EPS by 4c; Guides for Q4
Quanta Services, Inc. (NYSE: PWR) reports Q3 adjusted EPS of $0.25, 4 cents better than estimates. Revenues in the third quarter of 2009 were $780.8 million vs. $857.82 million consensus.
Quanta expects revenues for the fourth quarter of 2009 to range between $900 million and $950 million. (Consensus is $907.53M)
Quanta expects adjusted diluted earnings per share (a non-GAAP measure calculated on the same basis as the historical adjusted earnings per diluted share presented in this release) for the fourth quarter of 2009 to range from $0.26 to $0.27. (Consensus is $0.21)
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