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Quanta Services Inc (PWR.N)

PWR.N on New York Stock Exchange

37.45USD
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Quanta Services Q2 EPS $0.41
Thursday, 3 Aug 2017 07:05am EDT 

Aug 3 (Reuters) - Quanta Services Inc ::Quanta services reports 2017 second quarter results.Q2 adjusted non-gaap earnings per share $0.50.Q2 earnings per share $0.41.Q2 revenue $2.2 billion versus I/B/E/S view $2.12 billion.Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Sees fy 2017 adjusted non-gaap earnings per share $1.92 to $2.10.Sees fy 2017 revenue $8.65 billion to $9.05 billion.Quanta services inc - ‍certain items negatively impacted gaap diluted earnings per share attributable to common stock for q2 of 2017 by $0.03 per share​.Quanta services inc - ‍on track to achieve full-year outlook.Quanta services inc - ‍expects 2017 diluted earnings per share attributable to common stock to be $1.57 to $1.75​.  Full Article

Quanta Services selected for line 3 replacement program in Canada​
Thursday, 3 Aug 2017 07:03am EDT 

Aug 3 (Reuters) - Quanta Services Inc ::Quanta services inc - ‍Quanta Services selected by Enbridge Pipelines for line 3 replacement program in Canada​.Quanta services inc - ‍Quanta's construction on project will begin in August 2017 and is anticipated to continue through 2019​.Quanta services inc - ‍selected by Enbridge Pipelines Inc. (enbridge) for two spreads of Canadian section of line 3 replacement program​.  Full Article

Quanta Services says selected by American Electric Power for Wind Catcher Generation tie line
Monday, 31 Jul 2017 06:33am EDT 

July 31 (Reuters) - Quanta Services Inc :Quanta Services selected by American Electric Power for the Wind Catcher Generation tie line.Quanta Services - selected by American Electric Power to provide engineering, procurement, construction solutions for Wind Catcher Generation tie line.Quanta Services Inc - Quanta has yet to determine whether project will be included in Q3 2017 backlog.Quanta Services Inc - expects construction to begin in later part of 2018, with completion expected in late 2020.  Full Article

Quanta Services acquires Stronghold
Friday, 21 Jul 2017 06:56am EDT 

July 21 (Reuters) - Quanta Services Inc :Quanta Services acquires Stronghold.Quanta Services Inc - ‍transaction consideration consists of an upfront payment of approximately $450 million​.Quanta Services Inc says transaction consideration consists of an upfront payment of approximately $450 million.Quanta Services Inc - deal ‍comprised of $360 million of cash and 2.7 million shares of Quanta Services common stock valued at approximately $90 million​.Quanta Services -for remainder of 2017, acquisition of stronghold is expected to generate $6.0 million to $7.5 million of net income attributable to common stock.Quanta Services-deal includes ‍cash & stock earnout that could provide additional consideration of $100 million if cumulative 3-year EBITDA targets achieved​.Quanta Services Inc - for remainder of 2017, deal expected to be accretive to co's GAAP earnings per share attributable to common stock by $0.02 to $0.03.Quanta Services-Stronghold's existing management team to remain in place, with Joe Durham continuing in his role as CEO of Stronghold​.Quanta Services - for remainder of 2017, deal to be accretive to non-GAAP adjusted diluted eps attributable to common stock by $0.06 to $0.07.Quanta Services Inc - acquisition of Stronghold expected to increase accretion in 2018.Quanta Services Inc says has completed acquisition of Stronghold Ltd and Stronghold Specialty Ltd.  Full Article

Quanta Services Q1 earnings per share $0.31
Thursday, 4 May 2017 06:07am EDT 

May 4 (Reuters) - Quanta Services Inc ::Quanta Services reports 2017 first quarter results.Q1 adjusted non-gaap earnings per share $0.39.Q1 earnings per share $0.31.Q1 revenue $2.18 billion versus I/B/E/S view $2 billion.Q1 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Sees fy 2017 adjusted non-gaap earnings per share $1.82 to $2.07.Sees fy 2017 earnings per share $1.52 to $1.77.Sees fy 2017 revenue $8.1 billion to $8.6 billion.Fy2017 earnings per share view $1.95, revenue view $8.22 billion -- Thomson Reuters I/B/E/S.  Full Article

Quanta Services CEO Earl Austin's fy 2016 total compensation was $6.4 Mln
Friday, 14 Apr 2017 09:50am EDT 

Quanta Services Inc :CEO Earl Austin's fy 2016 total compensation was $6.4 million versus $3.05 million in fy 2015 - sec filing.  Full Article

Quanta Services sees FY 2017 adjusted non-gaap EPS $1.80 to $2.05 from cont ops
Tuesday, 21 Feb 2017 06:07am EST 

Quanta Services Inc : Quanta services reports 2016 fourth quarter and annual results . Sees fy 2017 adjusted non-gaap earnings per share $1.80 to $2.05 from continuing operations . Sees fy 2017 earnings per share $1.52 to $1.77 from continuing operations . Q4 adjusted non-gaap earnings per share $0.56 from continuing operations . Sees fy 2017 revenue $7.9 billion to $8.5 billion . Q4 revenue $2.1 billion versus i/b/e/s view $2.15 billion . Q4 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $2.02, revenue view $8.14 billion -- Thomson Reuters I/B/E/S . Quanta services inc - negatively impacting q4 of 2016 were litigation costs incurred of approximately $6.0 million .Qtrly net income from continuing operations $0.57 per diluted share.  Full Article

Quanta Services Q2 adjusted earnings $0.18/shr from continuing operations
Thursday, 4 Aug 2016 06:07am EDT 

Quanta Services Inc : Q2 adjusted non-GAAP earnings per share $0.18 from continuing operations . Sees FY 2016 adjusted non-GAAP earnings per share $1.52 to $1.67 from continuing operations . Sees FY 2016 earnings per share $1.20 to $1.35 from continuing operations . Expects a meaningful increase in revenues, margins and earnings during second half of 2016, as compared to H1 2016 . Q2 earnings per share $0.11 from continuing operations . Sees FY 2016 revenue $7.75 billion to $8.0 billion . Qtrly revenues $1.79 billion versus $ 1.87 billion .Fy2016 earnings per share view $1.67, revenue view $7.70 billion -- Thomson Reuters I/B/E/S.  Full Article

Quanta Services Inc gives FY 2016 guidance
Thursday, 5 May 2016 06:17am EDT 

Quanta Services Inc:Expects FY 2016 revenues to range between $7.5 billion and $8.0 billion and diluted earnings per share from continuing operations to be $1.30 to $1.50.Expects FY 2016 adjusted diluted earnings per share from continuing operations (a non-GAAP measure) for FY 2016 to be $1.61 to $1.81.  Full Article

Quanta Services Inc CEO Steps Down, Operating Chief Named as Successor - DJN
Monday, 14 Mar 2016 05:23pm EDT 

Quanta Services Inc:Quanta Services Inc said Chief Executive and President Jim O'Neil stepped down as part of the energy infrastructure contractor's succession plan, and named Chief Operating Officer Earl "Duke" Austin Jr. as his replacement - DJN.Independent Chairman Bruce Ranck said in a prepared statement that Mr. O'Neil, a 17-year veteran of the Houston company, served as CEO and president for the past five years and was critical in developing and implementing Quanta's long-term strategic initiatives.He said that since joining Quanta in 2001, Mr. Austin has taken on increasingly larger roles at the company, and has been a key architect of its current growth strategy.Mr. Austin has been chief operating officer since January 2013 and will maintain that role in addition to the responsibilities of CEO and president. He also will take Mr. O'Neil's place on the board.Quanta in a news release said Mr. O'Neil will remain available during the transition, but didn't provide specific details.  Full Article

BRIEF-Quanta Services Q2 EPS $0.41

* Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S