Quanta Services Non-GAAP EPS of $1.41 beats by $0.12, revenue of $5.03B beats by $90M (NYSE:PWR)
- Quanta Services press release (New York Stock Exchange: BWR): Non-GAAP Q1 EPS of $1.41 It outperforms by $0.12.
- Revenue $5.03 billion (+13.5% YoY) It exceeds $90 million.
- The remaining performance obligations are $14.9 billion and the total backlog is $29.9 billion
- For the full year ending December 31, 2024, Quanta Now It expects revenue to be between $22.5 billion and $23.0 billion versus consensus of $22.60 billion and net income attributable to common shares to be between $867 million and $943 million.
- Quanta also now expects diluted EPS attributable to common shares to be between $5.79 and $6.30, and adjusted diluted EPS attributable to common shares to be between $8.15 and $8.65 versus $8.35.
- Quanta now expects EBITDA to be between $1.97 billion and $2.08 billion and adjusted EBITDA to be between $2.13 billion and $2.25 billion.
- Additionally, for the full year ending December 31, 2024, Quanta continues to expect net cash attributable to operating activities to be between $1.75 billion and $2.15 billion, and free cash flow (a non-GAAP financial measure) to be between 1.30 One billion dollars and 1.70 billion dollars.
