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PWR's fourth-quarter results reflect double-digit revenue and earnings growth, riding a wave of strong demand for infrastructure solutions.
Quanta Services (PWR) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.04 per share a year ago.
Full-Year 2025 Guidance Reflects Double-Digit Growth in Revenues, Net Income, Adjusted EBITDA and Earnings Per Share Ability to Achieve Record Backlog in 2025 Fourth Quarter 2024 Results Include: Consolidated Revenues of $6.55 Billion* GAAP Diluted EPS of $2.03* and Adjusted Diluted EPS of $2.94* Net Income Attributable to Common Stock of $305.1 Million* Adjusted EBITDA of $737.8 Million* Cash Flow From Operations of $712.0 million and Free Cash Flow of $575.4 million Year-End Remaining Performance Obligations (RPO) of $16.76 Billion* and Total Backlog of $34.54 Billion* Year-End Renewable Energy Infrastructure Solutions Segment RPO and Total Backlog Reach All-Time Highs* Full-Year 2024 Results Include: Consolidated Revenues of $23.67 Billion* GAAP Diluted EPS of $6.03* and Adjusted Diluted EPS of $8.97* Net Income Attributable to Common Stock of $904.8 Million* Adjusted EBITDA of $2.33 Billion* Cash Flow From Operations of $2.08 Billion* and Free Cash Flow of $1.55 billion* * = Record
PWR's fourth-quarter 2024 results are likely to reflect robust demand for its diversified offerings. Know more about the stock ahead of the quarterly release.
In the most recent trading session, Quanta Services (PWR) closed at $285.45, indicating a -1.86% shift from the previous trading day.
Evaluate the expected performance of Quanta Services (PWR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Quanta Services (PWR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Captiva Verde Acquires 49% Stake in MDC - A Mi'kmaq Development Corporation. Vancouver, British Columbia--(Newsfile Corp. - February 10, 2025) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde"), a publicly traded company listed on the Canadian Securities Exchange (CSE) under the symbol PWR and the US OTC Market under CPIVF, has acquired an undivided forty-nine percent (49%) direct interest in Matnaggewinu Development Corporation ("MDC") - a Mi'kmaq Development Corporation.
In the latest trading session, Quanta Services (PWR) closed at $312.24, marking a +0.37% move from the previous day.
In the most recent trading session, Quanta Services (PWR) closed at $307.61, indicating a -0.54% shift from the previous trading day.