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

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Quanta Services Reports Second Quarter 2021 Results

August 5, 2021 6:55 AM EDT

HOUSTON, Aug. 5, 2021 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended June 30, 2021. Revenues in the second quarter of 2021 were $3.00 billion compared to revenues of $2.51 billion in the second quarter of 2020, and net income attributable to common stock was $117.0 million, or $0.81 per diluted share, in the second quarter of 2021 compared to net income attributable to common stock of $73.9 million, or $0.52 per diluted share, in the second quarter of 2020. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $1.06 for the second quarter of 2021 compared to $0.74 for the second quarter of 2020.

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