Quanta Services Q2 2024 Adj. EPS $1.90 Beats $1.89 Estimate, Sales $5.594B Beat $5.507B Estimate
Portfolio Pulse from Benzinga Newsdesk
Quanta Services (NYSE:PWR) reported Q2 2024 adjusted EPS of $1.90, beating the estimate of $1.89. Sales were $5.594 billion, surpassing the $5.507 billion estimate and marking a 10.79% increase from the same period last year.
August 01, 2024 | 10:58 am
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Quanta Services reported Q2 2024 adjusted EPS of $1.90, slightly beating the estimate of $1.89. Sales were $5.594 billion, surpassing the $5.507 billion estimate and showing a 10.79% increase from the same period last year.
The slight beat in EPS and the significant beat in sales, along with a notable year-over-year increase, are positive indicators for Quanta Services. This is likely to have a positive short-term impact on the stock price.
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