Quanta Services Q4 2023 Adj EPS $2.04 Beats $1.98 Estimate, Sales $5.78B Beat $5.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanta Services (NYSE:PWR) reported Q4 2023 adjusted EPS of $2.04, surpassing the $1.98 estimate, with sales of $5.78B exceeding the $5.18B forecast. This represents a 30.86% increase in sales compared to the same period last year.
February 22, 2024 | 11:56 am
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Quanta Services reported a strong Q4 2023 performance with EPS and sales beating estimates, showing a significant year-over-year growth.
Quanta Services' Q4 earnings and sales not only surpassed analyst expectations but also showed a substantial increase from the previous year. This performance could positively influence investor sentiment and potentially lead to a short-term uptick in PWR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100