Quanta Services Reports Fourth Quarter And Annual 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Quanta Services (PWR) Tops Q4 EPS by 23c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, FY21 EPS Mid-Point Outlook Above Consensus
February 25, 2021 7:02 AM ESTQuanta Services (NYSE: PWR) reported Q4 EPS of $1.22, $0.23 better than the analyst estimate of $0.99. Revenue for the quarter came in at $2.91 billion versus the consensus estimate of $2.92 billion.
"Quanta's utility solutions and delivery model continue to produce world-class execution and performance, which drove fourth quarter results that exceeded our expectations and completed a solid year for Quanta that included improved profitability and record earnings per share and backlog, despite the unprecedented conditions caused by the global pandemic," said Duke Austin, President and Chief Executive Officer of Quanta Services. "We believe our 2020 results reflect... More
