Quanta Services (PWR) Tops Q2 EPS by 26c; Offers FY20 EPS Guidance Above Consensus, Provides FY20 Revenue Outlook

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Quanta Services Reports Second Quarter 2020 Results

August 6, 2020 6:55 AM EDT

HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and six months ended June 30, 2020. Revenues in the second quarter of 2020 were $2.51 billion compared to revenues of $2.84 billion in the second quarter of 2019, and net income attributable to common stock was $73.9 million, or $0.52 per diluted share, in the second quarter of 2020, compared to net income attributable to common stock of $27.3 million, or $0.19 per diluted share, in the second quarter of 2019. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $0.74 for the second... More