Benzinga | May 6, 2021 07:11AM EDT

Quanta Services Q1 Adj. EPS $0.83 Beats $0.73 Estimate, Sales $2.70B Miss $2.73B Estimate

Quanta Services (NYSE:PWR) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.73 by 13.7 percent. This is a 76.6 percent increase over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $2.70 billion which missed the analyst consensus estimate of $2.73 billion by 0.97 percent. This is a 2.19 percent decrease over sales of $2.76 billion the same period last year.