Welcome to our dedicated page for Quanta Services news (Ticker: PWR), a resource for investors and traders seeking the latest updates and insights on Quanta Services stock.
Quanta Services (NYSE: PWR) provides essential infrastructure solutions for energy, utilities, and communications sectors. This news hub delivers timely updates on operational milestones, strategic initiatives, and market developments impacting this leading engineering and construction specialist.
Access consolidated coverage of earnings reports, project awards, and regulatory filings. Track Quanta's progress in renewable energy infrastructure, grid modernization projects, and technology-driven service expansions. Our repository ensures investors and industry professionals stay informed about critical developments shaping North America's infrastructure landscape.
Key updates on transmission system upgrades, substation construction projects, and emergency power restoration efforts. Monitor strategic acquisitions enhancing Quanta's technical expertise and geographic reach. Discover how the company addresses evolving demands in sustainable energy and digital infrastructure through its integrated EPC solutions.
Bookmark this page for streamlined access to SEC filings, executive commentary, and partnership announcements. Verify operational updates directly from primary sources while maintaining perspective on Quanta's role in modernizing critical energy networks across multiple continents.
Quanta Services (NYSE: PWR) has scheduled its first quarter 2025 financial results release for Thursday, May 1, 2025, before market opens. The company will host a webcast and conference call at 9:00 a.m. Eastern time on the same day.
The company will post supplemental earnings materials, including the First Quarter 2025 Operational and Financial Commentary, on their Investor Relations website. This commentary will provide operational, financial, and industry insights, largely replacing traditional management prepared remarks to allow more time for investor questions.
The earnings webcast will be conducted through Zoom Webinar, with registration available on Quanta's Investor Relations website. An archive of the webcast will be available shortly after the call.
Quanta Services (NYSE: PWR) has announced a quarterly cash dividend declaration by its Board of Directors. The company will pay stockholders $0.10 per share, equivalent to an annualized rate of $0.40 per share. The dividend will be distributed on April 11, 2025, to shareholders recorded as of April 3, 2025.
Ampacity Renewables, formerly RP Construction Services, announced at #IESNA2025 their expanded capabilities to meet growing national power demand. The company offers comprehensive clean energy solutions including design, inventory management, kitting, pre-assembly, logistics, and post-installation services for distributed generation and utility-scale solar and storage projects.
The rebranding to Ampacity reflects their focus on electrification and acceleration. Their solutions aim to reduce customer overhead, streamline procurement, ensure timely installation, and enhance worker safety. According to the company, U.S. electricity demand is projected to grow 7% from 4,300 TWh in 2024 to 4,600 TWh by 2030, driven by new datacenters and advanced manufacturing facilities.
Quanta Services (NYSE: PWR) reported strong Q4 2024 results with revenues of $6.55 billion, up from $5.78 billion in Q4 2023. Net income reached $305.1 million ($2.03 per diluted share), compared to $210.9 million ($1.42 per diluted share) in Q4 2023.
For full-year 2024, the company achieved revenues of $23.67 billion, with net income of $904.8 million ($6.03 per diluted share). The company generated strong cash flows with $2.08 billion from operations and $1.55 billion in free cash flow.
Looking ahead to 2025, Quanta expects revenues between $26.60-27.10 billion, net income of $1.04-1.13 billion, and adjusted EBITDA of $2.66-2.80 billion. The company announced a structural change to report under two segments starting Q1 2025: Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions.
Quanta Services (NYSE: PWR) has announced its schedule for the release of fourth quarter and full-year 2024 financial results, set for Thursday, February 20, 2025, before market opens. The company will host a webcast and conference call at 9:00 a.m. Eastern time on the same day.
The company will post supplemental earnings materials on its Investor Relations website following the earnings release, including the Fourth Quarter and Full-Year 2024 Operational and Financial Commentary. This commentary will largely replace management's prepared remarks during the earnings webcast, allowing more time for questions from institutional investors.
The earnings webcast will be conducted through Zoom Webinar, with registration available through Quanta's Investor Relations website. Phone dial-in options will be provided on the event access page on the day of the call.
Quanta Services (NYSE: PWR) has declared a quarterly cash dividend of $0.10 per share, payable on January 13, 2025, to stockholders of record as of January 2, 2025. This represents an annualized rate of $0.40 per share and marks an 11.1% increase from the company's previous quarterly dividend paid in October 2024.
Quanta Services (NYSE: PWR) has announced its participation in two major institutional investor conferences in Q4 2024. CEO Duke Austin and CFO Jayshree Desai will attend the Baird Global Industrial Conference on November 13, participating in a fireside chat at 8:30 a.m. Central time, exclusive to Baird's clients.
They will also join the UBS Global Industrials and Transportation Conference on December 3, featuring a fireside chat at 3:30 p.m. Eastern time. The UBS conference presentation will be available via live webcast and archived on Quanta's investor relations website.
Quanta Services (NYSE: PWR) reported strong Q3 2024 results with record quarterly revenues of $6.49 billion, up from $5.62 billion in Q3 2023. Net income reached $293.2 million, or $1.95 per diluted share, compared to $272.8 million in Q3 2023. Adjusted diluted EPS was $2.72, up from $2.24. The company achieved record total backlog of $34.0 billion and generated free cash flow of $539.5 million.
Notable developments include the acquisition of Cupertino Electric and a power transformer manufacturing company, plus a strategic investment in Hybar The company is raising its mid-point full-year 2024 adjusted earnings guidance, citing strong demand for services and expanding market opportunities.
Quanta Services (NYSE: PWR) has announced the schedule for its third quarter 2024 earnings release and conference call. The company will release its financial results on Thursday, October 31, 2024, before the market opens. A conference call and webcast are scheduled for 9:00 a.m. Eastern time on the same day.
Quanta will post its Third Quarter 2024 Operational and Financial Commentary on the Investor Relations section of its website shortly after the earnings release. This commentary will provide operational and financial information, as well as industry and end-market insights. The company will also post all other supplemental earnings materials on the same section of its website.
Investors can participate in the earnings call by dialing (201) 689-8345 or (877) 407-8291 or by accessing the webcast through Quanta's Investor Relations website. An archive of the webcast will be available after the call for those unable to participate live.
Quanta Services has released its 2023 Sustainability Report, titled 'Forging the Future'. The report highlights Quanta's role in enabling the energy transition and its vision to create a sustainable legacy. It includes climate goals aimed at growing positive societal impact while reducing operational carbon intensity.
Key goals include:
- Installing at least 100 GW of renewable energy generation capacity by 2035 or earlier
- Reducing scope 1 CO2 intensity by at least 30% by 2040 or earlier
- Sourcing renewable energy equivalent to electricity consumption at North American facilities
The report provides transparency on Quanta's sustainability strategy and progress in 2023. CEO Duke Austin emphasized the company's dedication to a sustainable future and collaboration with customers on the energy transition.
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