Quanta Services Reports Second Quarter 2020 Results
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Quanta Services (PWR) Tops Q2 EPS by 26c; Offers FY20 EPS Guidance Above Consensus, Provides FY20 Revenue Outlook
August 6, 2020 7:02 AM EDTQuanta Services (NYSE: PWR) reported Q2 EPS of $0.74, $0.26 better than the analyst estimate of $0.48. Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.51 billion.
"Quanta produced a solid second quarter, which exceeded our expectations, despite the unprecedented health and economic conditions that are challenging us all. We believe our results and improved outlook for the year demonstrate the resiliency of our business, the strengths of our strategies and the operational excellence of our people," said Duke Austin, President and Chief Executive Officer of Quanta Services. "We ended the... More
