NYSE:PWRConstruction
Quanta Services (PWR) Is Up 6.6% After Raising 2026 Guidance on Record Backlog and Acquisitions – Has The Bull Case Changed?
In late July 2026, Quanta Services reported second-quarter results showing sales of US$9,557 million and net income of US$451.38 million, and raised full-year 2026 guidance to expected revenues of about US$39.3–39.7 billion and net income of about US$1.74–1.82 billion, with diluted EPS forecast between US$11.41 and US$11.92.
Management pointed to a record backlog and contributions from four recent acquisitions as key reasons for the stronger outlook and higher earnings guidance, underscoring...