Quanta Services Reports 2015 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Quanta Services (PWR) Approves New $1.25B Common Stock Buyback Plan
August 5, 2015 6:14 AM EDTQuanta Services (NYSE: PWR) announced that its board of directors has authorized the company to repurchase, from time to time through February 28, 2017, up to $1.25 billion in shares of its outstanding common stock. To implement a portion of this program, the company intends to enter into a $750 million accelerated stock repurchase ("ASR") arrangement in the near term. The newly announced program follows completion of Quanta's previously... More
Quanta Services (PWR) Misses Q2 EPS by 20c; Issues Light Q3 Outlook
August 5, 2015 6:14 AM EDTQuanta Services (NYSE: PWR) reported Q2 EPS of $0.24, $0.20 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.99 billion.
The long-term outlook for Quanta's business is positive. However, short-term financial results have been impacted by adverse weather conditions, execution challenges on... More
