Quanta Services Q4 Earnings Surge, Exceeding Estimates

Quanta Services Inc. reported a strong Q4, with a profit rise to $305.12 million, or $2.03 per share, surpassing expectations. Revenue increased by 13.3% to $6.553 billion, indicating robust growth.

Date: 20-02-2025

AI Rating: 8

Earnings Per Share (EPS)
Quanta Services Inc. reported an EPS of $2.03 for the fourth quarter, up from $1.42 in the same period last year. This significant increase indicates a strong performance and could positively influence stock prices as it surpasses both previous earnings and analysts' estimates ($2.62 per share).

Net Income
The net income for Quanta Services increased to $305.12 million from $210.91 million year-over-year. This growth in net income signals strong operational performance and could attract investor interest.

Revenue Growth
The company's revenue also saw a healthy rise of 13.3%, reaching $6.553 billion compared to $5.783 billion last year. This substantial revenue growth reflects effective business strategies and may enhance the company's market appeal.

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