Quanta Services (PWR) PT Lowered to $41 at Credit Suisse
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Quanta Services Selected by PacifiCorp for The Aeolus - Jim Bridger Transmission Line Project
November 1, 2018 6:56 AM EDTHOUSTON, Nov. 1, 2018 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it was selected by PacifiCorp, a subsidiary of Berkshire Hathaway Energy, to provide engineering, procurement and construction solutions for the Aeolus Jim Bridger Transmission Line Project. This new high-voltage electric transmission project consists of approximately 138 miles of single circuit 500-kilovolt (kV) transmission line that connects the new Aeolus substation near Medicine Bow, Wyoming, to the new Anticline substation located near Point of Rocks, Wyoming, and approximately five miles of single circuit 345 kV transmission line that connects the... More
Quanta Services Reports 2018 Third Quarter Results
November 1, 2018 6:55 AM EDTHOUSTON, Nov. 1, 2018 /PRNewswire/ --Â Quanta Services, Inc. (NYSE: PWR) today announced results for the three and nine months ended September 30, 2018. Revenues in the third quarter of 2018 were $2.99 billion, compared to revenues of $2.61 billion in the third quarter of 2017, and net income attributable to common stock was $124.6 million, or $0.81 per diluted share, in the third quarter of 2018, compared to net income attributable to common stock of $89.3 million, or $0.56 per diluted share, in the third quarter of 2017. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $0.88 for the third quarter of 2018 compared to... More
