Quanta Services Sees FY24 Adj. EPS $8.00-$8.50 vs $8.36 Est., Revenues $22.25B-$22.75B vs $22.08B Est.
Portfolio Pulse from Benzinga Newsdesk
Quanta Services projects its FY24 adjusted EPS to be between $8.00 and $8.50, compared to the estimated $8.36. The company also forecasts revenues to range from $22.25 billion to $22.75 billion, surpassing the estimated $22.08 billion.
February 22, 2024 | 11:58 am
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Quanta Services projects higher FY24 adjusted EPS and revenues than estimated, indicating strong future performance.
Quanta Services' projection of higher than estimated adjusted EPS and revenues for FY24 suggests confidence in their business growth and operational efficiency. This positive outlook is likely to be well-received by investors, potentially leading to an increase in stock price in the short term.
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