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Quanta Services: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Quanta Services Inc. (PWR) on Thursday reported third-quarter profit of $694.9 million.

The Houston-based company said it had profit of $4.55 per share. Earnings, adjusted for one-time gains and costs, came to $6.06 per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $5.03 per share.

The specialty contractor for utility and energy companies posted revenue of $12.01 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $10.99 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PWR at https://www.zacks.com/ap/PWR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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