earnings
confidence high
sentiment positive
materiality 0.80
Quanta Services Q3 revenue $3.35B, adjusted EPS $1.48; backlog $17B record
QUANTA SERVICES, INC.
2021-Q3 EPS reported
$2.64
revenue$9,056,675,000
- Q3 revenues $3.35B vs $3.02B YoY (+11%); net income $174.4M ($1.21 diluted EPS).
- Adjusted diluted EPS $1.48 vs $1.40 YoY, another record quarter.
- Electric Power segment operating income margin 12.4% on strong execution and record emergency response.
- Total backlog record $17.0B; remaining performance obligations $4.4B.
- Acquired Blattner, premier utility-scale renewable energy provider, positioning for energy transition.