Quanta Services Stock Price, News & Analysis

Quanta Services (NYSE: PWR) has announced its management team's participation in four upcoming institutional investor conferences in May and June 2025. The company's executives, including CEO Duke Austin, CFO Jayshree Desai, and VP of Investor Relations Kip Rupp, will attend the Truist Securities Industrials & Services Conference (May 8), Bernstein Strategic Decisions Conference (May 28), and KeyBanc Capital Markets Industrials & Basic Materials Conference (May 29). Additionally, IR executives will participate in the TD Securities U.S. Corporate Access Day (June 17). Notably, at the Bernstein conference, CEO Austin and CFO Desai will participate in a fireside chat on May 28 at 8:00 a.m. Eastern time, which will be webcast live and archived on Quanta's investor relations website.

Quanta Services (NYSE: PWR) reported strong Q1 2025 results with record quarterly revenues of $6.23 billion, up from $5.03 billion in Q1 2024. Net income reached $144.3 million ($0.96 per diluted share), compared to $118.4 million ($0.79 per share) in Q1 2024. The company achieved adjusted diluted EPS of $1.78 and adjusted EBITDA of $503.9 million. Notably, Quanta reached record backlog of $35.3 billion and repurchased $134.6 million of common stock through April 29, 2025. Due to strong performance, Quanta raised its 2025 guidance, now expecting revenues between $26.7-27.2 billion and adjusted diluted EPS of $10.05-10.65. The company secured a major electric transmission upgrade project with LADWP and received credit rating upgrades from S&P Global, improving from 'BBB-' to 'BBB'.

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.