Quanta Services Reports 2019 Fourth Quarter And Annual Results

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Go back to Quanta Services Reports 2019 Fourth Quarter And Annual Results

Quanta Services (PWR) Tops Q4 EPS by 11c, Revenues Beat; Offers FY20 Revenue Guidance Below Consensus

February 27, 2020 6:59 AM EST

Quanta Services (NYSE: PWR) reported Q4 EPS of $0.93, $0.11 better than the analyst estimate of $0.82. Revenue for the quarter came in at $3.11 billion versus the consensus estimate of $3.03 billion.

"Quanta's strong fourth quarter results complete the fourth consecutive year of revenue growth and record adjusted diluted earnings per share and backlog for the company. We finished 2019 on a high note and are pleased with our performance," said Duke Austin, President and Chief Executive Officer of Quanta Services. "More importantly, we believe our strategic position in the marketplace remains strong and we are well... More