Quanta Services Reports 2016 Fourth Quarter And Annual Results
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Quanta Services (PWR) PT Raised to $43 at Stifel Following 4Q Report
February 23, 2017 9:05 AM ESTStifel raised its price target on Quanta Services (NYSE: PWR) to $43.00 (from $40.00) while maintaining a Buy rating.
Analyst Noelle Dilts commented,"We are publishing an updated model following yesterday's earnings report. We are lowering our fully adjusted 2017 EPS estimate to $2.05, the high end of... More
Quanta Services (PWR) Reports In-Line Q4 EPS
February 21, 2017 6:11 AM ESTQuanta Services (NYSE: PWR) reported Q4 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.15 billion.
"We are pleased with the revenue and profitability momentum we experienced in the second half of 2016, as evidenced by our record revenues in the fourth quarter. We anticipate that this momentum will continue into 2017 and believe we are well positioned for profitable growth,"... More
