Benzinga | Oct 29, 2020 07:10AM EDT

Quanta Services Q3 Adj. EPS $1.40 Beats $1.09 Estimate, Sales $3.02B Beat $3.01B Estimate

Quanta Services (NYSE:PWR) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.09 by 28.44 percent. This is a 22.81 percent increase over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $3.02 billion which beat the analyst consensus estimate of $3.01 billion by 0.33 percent. This is a 9.93 percent decrease over sales of $3.35 billion the same period last year.