Quanta Services Q3 Adj. EPS $2.24 Beats $2.11 Estimate, Sales $5.62B Beat $5.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanta Services reported Q3 adjusted earnings of $2.24 per share, beating the analyst consensus estimate of $2.11 by 6.16%. This is a 26.55% increase over earnings of $1.77 per share from the same period last year. The company also reported quarterly sales of $5.62 billion, beating the analyst consensus estimate of $5.26 billion by 6.86%. This is a 26.04% increase over sales of $4.46 billion the same period last year.
November 02, 2023 | 10:57 am
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Quanta Services reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Quanta Services reported Q3 earnings and sales that beat analyst estimates. This is typically seen as a positive sign and could lead to an increase in the company's stock price.
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