After-hours the stock settled at $321.87, giving back six cents of the day session's $29.24 (+9.99%) pop to the upside.
From Investing.com, May 1:
Earnings call transcript: Quanta Services Q1 2025 earnings beat expectations
Quanta Services Inc., a $47.6 billion market cap construction and engineering leader, reported stronger-than-expected earnings for the first quarter of 2025, with adjusted earnings per share (EPS) of $1.78, surpassing the forecast of $1.74. The company also exceeded revenue expectations, reporting $6.23 billion compared to the forecast of $5.88 billion. Following these results, Quanta Services’ stock surged by 9.58%, reflecting investor confidence in its performance and future outlook. According to InvestingPro analysis, the stock currently trades above its Fair Value, with a P/E ratio of 46.9x.
Key Takeaways
- Quanta Services’ Q1 2025 EPS of $1.78 exceeded expectations.
- Revenue for the quarter was $6.23 billion, above the forecast of $5.88 billion.
- Stock price increased by 9.58% following the earnings announcement.
- The company raised its full-year 2025 guidance for revenue, adjusted EBITDA, and EPS.
- Strong demand in renewable energy and data center infrastructure solutions.
Company Performance
Quanta Services demonstrated robust performance in Q1 2025, driven by its expanding technology infrastructure solutions and strong capabilities in renewable energy. The company continues to lead in transmission and infrastructure solutions, leveraging its diversified portfolio across multiple energy and infrastructure markets. This quarter’s performance reflects a continuation of Quanta’s consistent profitable growth trend.
Financial Highlights
- Revenue: $6.23 billion, exceeding the forecast of $5.88 billion.
- Adjusted Earnings per share: $1.78, surpassing the forecast of $1.74.
- Net Income: $144 million, or 96 cents per diluted share.
- Adjusted EBITDA: $504 million, representing 8.1% of revenues.
- Cash Flow from Operations: $243 million.
- Free Cash Flow: $118 million.
Earnings vs. Forecast
Quanta Services’ Q1 2025 earnings per share of $1.78 beat the forecast of $1.74 by 2.3%. Revenue also exceeded expectations, coming in at $6.23 billion compared to the forecasted $5.88 billion. This positive earnings surprise underscores the company’s strong market position and effective execution of its strategic initiatives....*****.... Full transcript - Quanta Services Inc (PWR) Q1 2025:...
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Earlier:
Quanta Services Beats Top and Bottom, Raises, Stock Jumps (PWR)
