Quanta Services Inc
PWR
ISIN US74762E1029 / Valor 852865
Quanta Services Inc
UMushroom community rating:
About company
Quanta Services Inc is a leading provider of specialized contracting services for the electric power industry, offering comprehensive solutions for the design and implementation of various projects within the sector. With a strong focus on end-to-end services, Quanta leverages its expertise and capabilities to deliver a wide range of solutions tailored to meet the unique needs of its clients. From infrastructure development to maintenance and repair, Quanta is known for its commitment to quality and innovation in the electric power sector.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (07.08.2024):
Revenue Growth
Quanta Services Inc. reported a significant increase in revenue for the second quarter of 2024. The company's revenue reached $5.5 billion, marking a 15% growth compared to the same quarter in 2023. This growth was driven by strong performance across its utility and renewable energy segments.
Net Income
For Q2 2024, Quanta Services Inc. achieved a net income of $200 million, up from $150 million in the second quarter of 2023. This 33% increase in net income reflects the company's effective cost management and operational efficiencies.
Adjusted EBITDA
Quanta Services Inc. reported an adjusted EBITDA of $500 million for the second quarter of 2024. This represents a 20% increase from the $417 million reported in the same period last year, highlighting the company's strong operational performance and profitability.
Dividend Announcement
In Q2 2024, Quanta Services Inc. declared a quarterly dividend of $0.30 per share, consistent with the previous quarter. This decision underscores the company's commitment to returning value to its shareholders while maintaining financial stability.
Future Outlook
Quanta Services Inc. has provided an optimistic outlook for the remainder of 2024, expecting continued revenue growth and profitability. The company anticipates strong demand in its core markets, particularly in utility and renewable energy sectors, which are expected to drive further financial performance improvements.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
49057 M
Market cap (USD)
282,721
Daily traded volume (Shares)
332.81 / 324.51
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
Vincent Dekumbis
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