Quanta Services (PWR) reported $6.23 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 23.9%. EPS of $1.78 for the same period compares to $1.41 a year ago.
The reported revenue represents a surprise of +6.11% over the Zacks Consensus Estimate of $5.87 billion. With the consensus EPS estimate being $1.66, the EPS surprise was +7.23%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Quanta Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Backlog: $35.25 billion compared to the $34.19 billion average estimate based on two analysts.
- Backlog - Underground Utility and Infrastructure Solutions: $5.55 billion compared to the $5.67 billion average estimate based on two analysts.
- Backlog - Electric Power Infrastructure Solutions: $29.70 billion compared to the $28.52 billion average estimate based on two analysts.
- Revenues- Underground Utility and Infrastructure Solutions: $1.29 billion versus the six-analyst average estimate of $1.19 billion. The reported number represents a year-over-year change of +15%.
- Revenues- Electric Power Infrastructure Solutions: $4.94 billion versus $4.69 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +112.5% change.
- Operating income (loss)- Underground Utility and Infrastructure Solutions: $76.87 million versus $63.10 million estimated by six analysts on average.
- Operating income (loss)- Electric Power Infrastructure Solutions: $408.16 million versus the five-analyst average estimate of $391.20 million.
- Operating income (loss)- Corporate and non-allocated costs: -$245.95 million compared to the -$237.67 million average estimate based on four analysts.
View all Key Company Metrics for Quanta Services here>>>
Shares of Quanta Services have returned +10.6% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Quanta Services, Inc. (PWR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
