For the quarter ended September 2026, Quanta Services (PWR) reported revenue of $12.01 billion, up 57.4% over the same period last year. EPS came in at $6.06, compared to $3.33 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $10.99 billion, representing a surprise of +9.37%. The company delivered an EPS surprise of +20.48%, with the consensus EPS estimate being $5.03.
While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company’s underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.
Here is how Quanta Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Total Backlog: $63.73 billion versus the four-analyst average estimate of $55.04 billion.
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Backlog – Underground and Infrastructure: $11.85 billion versus $9.87 billion estimated by three analysts on average.
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Backlog – Electric: $51.89 billion versus the three-analyst average estimate of $45.7 billion.
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Revenues- Underground and Infrastructure: $2.22 billion versus the four-analyst average estimate of $2.27 billion. The reported number represents a year-over-year change of +51.8%.
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Revenues- Electric: $9.8 billion versus $8.79 billion estimated by four analysts on average.
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Operating income (loss)- Electric: $1.24 billion versus $1.01 billion estimated by four analysts on average.
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Operating income (loss)- Underground and Infrastructure: $207.95 million compared to the $199.19 million average estimate based on four analysts.
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Operating income (loss)- Corporate and non-allocated costs: $-419.54 million versus the four-analyst average estimate of $-365.09 million.
View all Key Company Metrics for Quanta Services here>>>
Shares of Quanta Services have returned -5.5% over the past month versus the Zacks S&P 500 composite’s +0.9% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
