Quanta Services (PWR) Misses Q1 EPS by 3c

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Quanta Services Reports 2016 First Quarter Results

May 5, 2016 6:07 AM EDT

HOUSTON, May 5, 2016 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended March 31, 2016. Revenues in the first quarter of 2016 were $1.71 billion compared to revenues of $1.86 billion in the first quarter of 2015.  Net income from continuing operations attributable to common stock was $20.5 million, or $0.13 per diluted share, in the first quarter of 2016 compared to net income from continuing operations attributable to common stock of $47.7 million, or $0.22 per diluted share, in the first quarter of 2015. Included in Quanta's operating results for the three months ended March 31, 2016 is a net... More