I was about to mention this is a decade-or-two hold and realized that would come dangerously close to saying "the short term trade has become a long term investment." Instead PWR is the premier line-slinger when serious money thinks about rewiring the country's electrical grid.
The stock is down $7.24 (-2.32%) at $304.39 after opening at $299.14 and getting as low as $293.26.
Two from Zacks via Yahoo Finance, October 31:
Quanta Services (PWR) Q3 Earnings Top Estimates
Quanta Services (PWR) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this specialty contractor for utility and energy companies would post earnings of $1.93 per share when it actually produced earnings of $1.90, delivering a surprise of -1.55%....
....MUCH MORE
And October 29:
Quanta Services Gears Up to Report Q3 Earnings: Things to Keep in Mind...
Quanta Services, Inc. price-eps-surprise | Quanta Services, Inc. Quote
....MUCH MORE
And at the company:
