Quanta Services (PWR) Tops Q3 EPS by 31c, Revenues Beat; Raises FY20 EPS Guidance, Provides FY20 Revenue Outlook

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Go back to Quanta Services (PWR) Tops Q3 EPS by 31c, Revenues Beat; Raises FY20 EPS Guidance, Provides FY20 Revenue Outlook

Quanta Services Reports Third Quarter 2020 Results

October 29, 2020 6:55 AM EDT

HOUSTON, Oct. 29, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and nine months ended September 30,  2020. Revenues in the third quarter of 2020 were $3.02 billion compared to revenues of $3.35 billion in the third quarter of 2019, and net income attributable to common stock was $162.9 million, or $1.13 per diluted share, in the third quarter of 2020 compared to net income attributable to common stock of $136.1 million, or $0.92 per diluted share, in the third quarter of 2019. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $1.40 for the third quarter of 2020 compared to $1.14 for the third quarter of 2019.

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