Quanta Services Inc. (PWR) shares surged 8.54% in the pre-market trading session on Thursday, following the company's impressive fourth-quarter results and optimistic guidance for the full year 2025.
The leading specialty contracting services company reported Q4 adjusted earnings per share of $2.94, beating the consensus estimate of $2.62. Additionally, Quanta's Q4 adjusted EBITDA of $737.8 million surpassed expectations of $682.8 million, driven by robust demand across its end markets.
For the full year 2025, Quanta provided an upbeat outlook, projecting adjusted EPS between $9.9 and $10.5, as well as revenue in the range of $26.6 billion to $27.1 billion. The company's strong guidance reflects its confidence in capitalizing on the growing opportunities in renewable energy, electric transmission, and pipeline projects.
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