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Reduced interest rates make it easier for firms to buy other companies. That's because acquiring firms can borrow the money needed to finance mergers and acquisitions (M&A) deals much more cheaply when rates are low.
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More demand for infrastructural solutions, renewable drive, buyouts and solid backlog aids Quanta (PWR). Yet the cyclicality of business ails.
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AAON's fourth-quarter 2023 results reflect record net sales on the back of improved productivity and operational efficiencies, along with high booking trends strengthening prospects.
Raymond James 45th Annual Institutional Investors Conference Bank of America Securities 2024 Power, Utilities and Clean Energy Conference Daiwa Investment Conference Tokyo 2024 HOUSTON , Feb. 27, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in several institutional investor conferences in March, including the Raymond James 45th Annual Institutional Investors Conference, the Bank of America Securities 2024 Power, Utilities and Clean Energy Conference and the Daiwa Investment Conference Tokyo 2024. Raymond James 45th Annual Institutional Investors Conference Duke Austin, Chief Executive Officer, and Jayshree Desai, Chief Financial Officer, will meet with institutional investors during the conference on March 5, 2024.
Quanta's (PWR) fourth-quarter results benefit from strength across its segments.
Quanta Services (PWR) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $1.68 per share a year ago.
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