NYSE:PWRConstruction
Quanta Services (PWR) Is Up 10.5% After Segment Overhaul And Record Backlog - Has The Bull Case Changed?
Quanta Services recently reorganized its reportable segments, combining electric power and renewable energy services under Electric Infrastructure Solutions and reporting a record US$39.20 billion backlog in 2025, while analysts raised earnings and revenue estimates ahead of its upcoming results.
This combination of segment realignment, expanding infrastructure demand, and more optimistic analyst expectations has reinforced perceptions of resilient business trends despite cost and regulatory...