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

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Quanta Services Reports 2019 Fourth Quarter And Annual Results

February 27, 2020 6:55 AM EST

HOUSTON, Feb. 27, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2019.  Revenues in the fourth quarter of 2019 were $3.11 billion, compared to revenues of $3.11 billion in the fourth quarter of 2018, and net income attributable to common stock was $118.1 million, or $0.80 per diluted share, in the fourth quarter of 2019, compared to net income attributable to common stock of $56.8 million, or $0.38 per diluted share, in the fourth quarter of 2018. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $0.93 for the fourth quarter of 2019 compared to $0.96... More