Quanta Services Reports Second Quarter 2021 Results

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Quanta Services (PWR) PT Raised to $110 at Cowen

August 9, 2021 6:28 AM EDT

Cowen analyst Marc Bianchi raised the price target on Quanta Services (NYSE: PWR) to $110.00 (from $105.00) while maintaining an Outperform rating.

The analyst commented, "PWR o/p peers after updating 2021 guidance implying ~2-3% upside to 2H consensus EBITDA. FCF guide was unchanged due to expected... More

Quanta Services (PWR) Tops Q2 EPS by 2c, Offers FY Guidance

August 5, 2021 6:59 AM EDT

Quanta Services (NYSE: PWR) reported Q2 EPS of $1.06, $0.02 better than the analyst estimate of $1.04. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.98 billion.

GUIDANCE:

Quanta Services sees 2021 EPS of $4.32-$4.68, versus the consensus of $4.42. Quanta Services... More