NYSE$PWR
Quanta Services Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Quanta Services reported record third quarter consolidated revenues and strong Electric Power Infrastructure Solutions segment results.
Quanta Services announced strong Q3 2021 results, achieving record third quarter consolidated revenues of $3.35 billion. The company's GAAP EPS was $1.21 and adjusted diluted EPS was $1.48. Quanta also completed the acquisition of Blattner, a renewable energy infrastructure solutions provider.
- Record third quarter consolidated revenues of $3.35 billion.
- Strong Electric Power Infrastructure Solutions segment results, including operating income margin of 12.4%.
- Record third quarter GAAP and Adjusted Diluted EPS of $1.21 and $1.48, respectively.
- Remaining Performance Obligations of $4.4 Billion and Record Total Backlog of $17.0 Billion.
Headline financials
Revenue & EPS history
Quanta Services · Revenue · Quarterly
$3.35B
Revenue by segment
Quanta Services · $1.02B total across 1 segment · Q3 2021
- Underground Utility and Infrastructure$1.02B—100.0%
Forward guidance
Quanta Services expects revenues to be between $12.55 billion and $12.85 billion, net income attributable to common stock to be between $464 million and $493 million, diluted earnings per share attributable to common stock to be between $3.20 and $3.40 and adjusted diluted earnings per share attributable to common stock to be between $4.62 and $4.87 for the full year of 2021.
Tailwinds
- Revenues to be between $12.55 billion and $12.85 billion
- Net income attributable to common stock to be between $464 million and $493 million
- Diluted earnings per share attributable to common stock to be between $3.20 and $3.40
- Adjusted diluted earnings per share attributable to common stock to be between $4.62 and $4.87
- EBITDA to be between $1.09 billion and $1.14 billion
Headwinds
- Weather
- Regulatory
- Permitting
- Project timing
- Execution challenges
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+1.2%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+5.0%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+12.9%
Q1 2026
Best reaction
-11.0%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.9% | +22.8% | +13.1% | |
| Q4 2025 | +5.8% | +9.4% | +6.9% | |
| Q3 2025 | +1.2% | -2.2% | +3.6% | |
| Q2 2025 | -1.2% | -5.3% | -8.1% | |
| Q1 2025 | +10.0% | +8.5% | +17.0% | |
| Q4 2024 | -3.7% | -9.5% | -8.2% | |
| Q3 2024 | -0.2% | +3.0% | +5.0% | |
| Q2 2024 | -2.6% | -0.6% | -1.0% | |
| Q1 2024 | -0.2% | +1.3% | -0.5% | |
| Q4 2023 | -3.0% | -7.7% | -8.6% | |
| Q3 2023 | +6.0% | +3.4% | +19.4% | |
| Q2 2023 | -1.0% | +0.2% | +5.0% | |
| Q1 2023 | +1.7% | +1.7% | +7.1% | |
| Q4 2022 | +8.2% | +8.8% | +8.3% | |
| Q3 2022 | +7.3% | +8.0% | +11.9% | |
| Q2 2022 | -0.1% | -0.9% | +2.6% | |
| Q1 2022 | -3.0% | -7.8% | +6.5% | |
| Q4 2021 | +10.1% | +10.2% | +36.6% | |
| Q3 2021 | +0.5% | +1.2% | -3.6% | |
| Q2 2021 | +3.7% | +5.8% | +30.3% | |
| Q1 2021 | +2.9% | +1.2% | -4.3% | |
| Q4 2020 | +3.4% | +3.8% | +7.4% | |
| Q3 2020 | +2.5% | +10.6% | +14.9% | |
| Q2 2020 | +8.4% | +16.5% | +21.5% | |
| Q1 2020 | +1.3% | -5.9% | +25.0% | |
| Q4 2019 | +2.8% | +4.0% | -19.5% | |
| Q3 2019 | +4.0% | +3.0% | -1.0% | |
| Q2 2019 | -8.0% | -7.4% | -4.5% | |
| Q1 2019 | -2.1% | -3.4% | -3.7% | |
| Q4 2018 | -0.1% | -0.7% | +4.9% | |
| Q3 2018 | +1.5% | -3.4% | -10.0% | |
| Q2 2018 | -0.7% | -1.8% | -2.3% | |
| Q1 2018 | +2.1% | +2.7% | +4.4% | |
| Q4 2017 | -3.4% | -2.3% | -2.0% | |
| Q3 2017 | -1.4% | -1.6% | +8.4% | |
| Q2 2017 | +1.1% | -1.9% | -2.2% | |
| Q1 2017 | -2.2% | -5.7% | -7.6% | |
| Q4 2016 | +0.5% | +0.9% | -0.6% | |
| Q3 2016 | +7.2% | +9.7% | +22.6% | |
| Q2 2016 | -0.2% | +0.2% | +4.7% | |
| Q1 2016 | +1.8% | — | — | |
| Q4 2015 | +3.4% | — | — | |
| Q3 2015 | +2.5% | — | — | |
| Q2 2015 | +3.4% | — | — | |
| Q1 2015 | +4.1% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q3 2014 | +2.1% | — | — | |
| Q2 2014 | +3.8% | — | — | |
| Q1 2014 | -1.9% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | -0.0% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | +0.1% | — | — | |
| Q1 2012 | -1.4% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | -6.6% | — | — | |
| Q2 2011 | -11.0% | — | — | |
| Q1 2011 | +2.0% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | -1.0% | — | — | |
| Q2 2010 | +0.2% | — | — | |
| Q1 2010 | +4.7% | — | — |
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