BUZZ-Quanta Services rises after forecasting annual profit above estimates
Reuters
Feb 19
BUZZ-Quanta Services rises after forecasting annual profit above estimates
** Shares of energy contractor Quanta Services PWR.N gain 4.6% at $543 premarket
** Co forecasts FY26 profit and revenue above Wall Street estimates, benefiting from robust investments in AI infrastructure, boosting demand for its core electric segment
** Forecasts FY adjusted EPS to range between $12.65 and $13.35 vs. estimates of $12.44 - data compiled by LSEG
** Expects FY26 revenue to range between $33.25 billion and $33.75 billion, above estimates of $31.47 billion
** Reports Q4 adjusted profit per share of $3.16 vs. estimates of $3.02
** PWR gained 33.5% in 2025
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
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