Quanta Services Reports Third Quarter 2021 Results

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Quanta Services (PWR) PT Raised to $149 at Northland Capital Markets

November 5, 2021 7:40 AM EDT

Northland Capital Markets analyst Gus Richard raised the price target on Quanta Services (NYSE: PWR) to $149.00 (from $129.00) while maintaining an Outperform rating.

The analyst commented, "PWR reported an in-line quarter increased forward guidance. The low carbon economy will be enabled by electronification, and the... More

Quanta Services (PWR) Tops Q3 EPS by 3c

November 4, 2021 6:58 AM EDT

Quanta Services (NYSE: PWR) reported Q3 EPS of $1.48, $0.03 better than the analyst estimate of $1.45. Revenue for the quarter came in at $3.35 billion versus the consensus estimate of $3.43 billion.

GUIDANCE:

Quanta Services sees FY2021 EPS of $4.62-$4.87, versus the consensus of $4.59.... More