Quanta Services Inc. (PWR) reported third quarter adjusted EPS of $0.29 Wednesday morning, down from $0.32 in the previous year. The consensus estimate was for EPS of $0.25. Fourth quarter adjusted EPS is expected to be between $0.36 and $0.40, compared to the consensus estimate of $0.39.
Quanta Services gapped open higher Wednesday and climbed throughout the first 2 hours of trade. Shares finished up by 2.31 at $22.15 on above average volume. The stock rose above a week and a half long range and set a 6 1/2 month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.