22.02.2024 12:58:09 - dpa-AFX: Quanta Services Inc. Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Quanta Services Inc. (PWR) announced a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.

The company's bottom line came in at $210.91 million, or $1.42 per share. This
compares with $162.57 million, or $1.10 per share, in last year's fourth
quarter.

Excluding items, Quanta Services Inc. reported adjusted earnings of $303.38
million or $2.04 per share for the period.

Analysts on average had expected the company to earn $1.98 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 30.8% to $5.78 billion from $4.42
billion last year.

Quanta Services Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $210.91 Mln. vs. $162.57 Mln. last year.
-EPS (Q4): $1.42 vs. $1.10 last year.
-Analyst Estimate: $1.98
-Revenue (Q4): $5.78 Bln vs. $4.42 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
QUANTA SVCS DL-,00001 912294 Frankfurt 253,500 24.06.24 09:05:07 +4,400 +1,77% 253,400 258,600 253,500 249,100

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