Quanta Services lifts annual forecasts on strong power demand [Reuters]
Quanta Services, Inc. (PWR)
Last quanta services, inc. earnings: 2/27 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
quantaservices.com/2016annualreport/ir-info.html
Company Research
Source: Reuters
May 2 (Reuters) - Quanta Services raised its annual revenue and profit forecasts on Thursday, encouraged by strong demand for its construction and engineering services from the renewable energy and electric power industries. With companies increasingly tapping into new technologies and federal and state policies pushing for an accelerated shift to clean energy, demand for electric power infrastructure has grown in the United States. Growing internet traffic and cloud computing, coupled with heavy investments in artificial intelligence technologies, have also powered the development of data centers which are power-intensive and require better grid capacity, boosting demand for Quanta's services. The growing adoption of EVs as well as increasing electrification in building sectors through the usage of heat pumps and boilers have also boosted the company's revenues. The company's total revenue rose 13.5% from the previous year to $5.03 billion in the quarter, beating analysts' a
Show less
Read more
Impact Snapshot
Event Time:
PWR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PWR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PWR alerts
High impacting Quanta Services, Inc. news events
Weekly update
A roundup of the hottest topics
PWR
News
- Construction Industry Veteran Katie Linden Appointed Chief Commercial Officer at AMECO [Yahoo! Finance]Yahoo! Finance
- HILCO REAL ESTATE SALES ANNOUNCES BANKRUPTCY SALE OF TWENTYFOUR25 OFFICE BUILDING IN HOUSTON, TEXAS (GALLERIA) [Yahoo! Finance]Yahoo! Finance
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Quanta Services, Inc. (NYSE: PWR) had its price target raised by analysts at Evercore ISI from $255.00 to $288.00. They now have an "outperform" rating on the stock.MarketBeat
- Quanta Services, Inc. (NYSE: PWR) had its price target raised by analysts at DA Davidson from $225.00 to $250.00. They now have a "neutral" rating on the stock.MarketBeat
PWR
Earnings
- 5/2/24 - Beat
PWR
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/12/24 - Form ARS
- PWR's page on the SEC website