HOUSTON, Nov. 21, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.10 per share, or a rate of $0.40 per share on an annualized basis, which represents an approximately 11.1% increase from Quanta's last quarterly cash dividend paid in October 2024. The dividend is payable on January 13, 2025, to stockholders of record as of January 2, 2025.
Baird Global Industrial Conference
UBS Global Industrials and Transportation Conference
HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in two institutional investor conferences during the fourth quarter of 2024; the Baird Global Industrial Conference and the UBS Global Industrials and Transportation Conference.
Third Quarter Consolidated Revenues of $6.5 Billion*
Third Quarter GAAP Diluted EPS of $1.95* and Adjusted Diluted EPS of $2.72*
Net Income Attributable to Common Stock of $293.2 Million* and Adjusted EBITDA of $682.8 Million*
Year-to-Date Cash Flow From Operations of $1.37 Billion* and Free Cash Flow of $979.3 Million*
Remaining Performance Obligations of $15.6 Billion* and Total Backlog of $34.0 Billion*
Raising Mid-Point of Full-Year 2024 Adjusted Earnings Per Share Expectations
* = Record quarterly or record third quarter result
HOUSTON, Oct. 16, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, October 31, 2024.
Earnings Call Format and Supplemental MaterialsShortly following the issuance of its third quarter 2024 earnings release, Quanta will post its Third Quarter 2024 Operational and Financial Commentary on the Investor Relations section of the Quanta website (http://investors.quantaservices.com), which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings call, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. Additionally, the company intends to post all other supplemental earnings materials on the Investor Relations section of the Quanta website shortly after the issuance of its third quarter 2024 earnings release.
Includes Climate Goals Underscoring Quanta's Long-Term Ambition to Be a Critical Partner in Enabling the Energy Transition While Reducing the Carbon Intensity of Its Operational Footprint
HOUSTON, Sept. 30, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the release of its 2023 Sustainability Report. The report, titled "Forging the Future," highlights Quanta's critical role in enabling the energy transition and the company's vision to leave a measurable, sustainable legacy on people and our planet, with a steadfast focus on employees, customers and communities. The report includes Quanta's goal to grow its positive impact on society through collaboration with its customers on the energy transition, while reducing the carbon intensity of its operations. The report also provides transparency around Quanta's sustainability strategy and how the company is measuring its continued progress in 2023. Please visit https://sustainability.quantaservices.com to access the microsite and report.
HOUSTON, Sept. 23, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in the Wolfe Research Utilities, Midstream & Clean Energy Conference 2024. Duke Austin, Chief Executive Officer and Jayshree Desai, Chief Financial Officer, will meet with institutional investors during the conference on Oct. 1, 2024. Mr. Austin and Ms. Desai will also participate in a fireside chat hosted by Wolfe Research analyst Steve Fleishman on the same day at 10:20 a.m. Eastern time, which will be broadcast live over the Internet. Live webcast links and archived replays of this presentation will be available in the "News & Events" area of the Investor Relations section of Quanta's website (https://investors.quantaservices.com/news-events).
OSCEOLA, Ark., Sept. 11, 2024 /PRNewswire/ -- Hybar LLC, a company building a technologically advanced environmentally sustainable scrap metal recycling steel rebar mill in northeast Arkansas, announced today that Quanta Services, Inc. (NYSE: PWR) recently made a strategic equity investment in Hybar. Quanta Services joins Hybar's existing high-profile group of equity investors, including TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform; Koch Minerals & Trading, a Koch subsidiary specializing in commodity trading and services; and Global Principal Partners, the investment entity used by Hybar's senior management team.
HOUSTON, Aug. 29, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on October 11, 2024, to stockholders of record as of October 1, 2024.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, technology, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
HOUSTON, July 11, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, August 1, 2024.
Earnings Call Format and Supplemental MaterialsShortly following the issuance of its second quarter 2024 earnings release, Quanta will post its Second Quarter 2024 Operational and Financial Commentary on the Investor Relations section of the Quanta website (http://investors.quantaservices.com), which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings call, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. Additionally, the company intends to post all other supplemental earnings materials on the Investor Relations section of the Quanta website shortly after the issuance of its second quarter 2024 earnings release.
HOUSTON, May 28, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the election of two new independent directors, Warner L. Baxter and Jo-ann dePass Olsovsky, to the company's Board of Directors at the 2024 Annual Meeting of Stockholders, as well as the appointment of Doyle N. Beneby as the new independent Chairman of the Board.
Doyle Beneby, Quanta Services' independent Chairman of the Board, commented, "We are pleased to welcome Warner and Jo-ann to the Quanta Services Board of Directors. Warner brings extensive experience as a senior executive and director at a publicly traded regulated electric power and natural gas utility and will provide valuable customer- and industry-based insights to the board. Jo-ann brings to the Board extensive experience leading information technology, advanced technologies, large-scale systems implementation, telecommunications, field operations, and cybersecurity management functions as the chief information officer of large publicly traded and private companies in the technology and regulated industries. We look forward to working with Warner and Jo-ann and welcome the perspectives they will provide to Quanta's board and to the company."
HOUSTON, May 24, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on July 12, 2024, to stockholders of record as of July 1, 2024.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
BERNSTEIN STRATEGIC DECISIONS CONFERENCE
KEYBANC CAPITAL MARKETS INDUSTRIALS & BASIC MATERIALS CONFERENCE
HOUSTON, May 21, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in two institutional investor conferences in May: the Bernstein Strategic Decisions Conference and the KeyBanc Capital Markets Industrials & Basic Materials Conference.
First Quarter Consolidated Revenues of $5.03 Billion*
First Quarter GAAP Diluted EPS of $0.79 and Adjusted Diluted EPS of $1.41*
Net Income Attributable to Common Stock of $118.4 Million and Adjusted EBITDA of $387.3 Million*
Cash Flow From Operations of $238.0 Million* and Free Cash Flow of $181.2 Million*
Remaining Performance Obligations of $14.9 Billion* and Total Backlog of $29.9 Billion*
Raising Full-Year 2024 Revenue and Earnings Per Share Expectations
* = Record quarterly or record first quarter result
HOUSTON, April 4, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, May 2, 2024.
Earnings Call Format and Supplemental MaterialsShortly following the issuance of its first quarter 2024 earnings release, Quanta will post its First Quarter 2024 Operational and Financial Commentary on the Investor Relations section of the Quanta website (http://investors.quantaservices.com), which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings call, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. Additionally, the company intends to post all other supplemental earnings materials on the Investor Relations section of the Quanta website shortly after the issuance of its first quarter 2024 earnings release.
HOUSTON, March 28, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on April 17, 2024, to stockholders of record as of April 9, 2024.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Raymond James 45th Annual Institutional Investors ConferenceBank of America Securities 2024 Power, Utilities and Clean Energy ConferenceDaiwa Investment Conference Tokyo 2024
HOUSTON, Feb. 27, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in several institutional investor conferences in March, including the Raymond James 45th Annual Institutional Investors Conference, the Bank of America Securities 2024 Power, Utilities and Clean Energy Conference and the Daiwa Investment Conference Tokyo 2024.
Full-Year 2024 Guidance Reflects Solid Growth in Revenues and Opportunity for Double-Digit Growth in Net Income, Adjusted EBITDA, Cash Flow From Operations and Earnings Per Share
Fourth Quarter 2023 Results Include:
Consolidated Revenues of $5.78 Billion*GAAP Diluted EPS of $1.42* and Adjusted Diluted EPS of $2.04*Net Income Attributable to Common Stock of $210.9 Million*Adjusted EBITDA of $550.2 Million*Cash Flow From Operations of $1.00 Billion* and Strong Free Cash FlowYear-End Remaining Performance Obligations of $13.89 Billion* and Total Backlog of $30.11 Billion*Updating Earnings Call Format and Supplemental Materials to Enhance Transparency
HOUSTON, Feb. 7, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its fourth quarter and full-year 2023 financial results on Thursday, February 22, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, February 22, 2024.
HOUSTON, Dec. 6, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis, which represents an approximately 12.5% increase from Quanta's last quarterly cash dividend paid in October 2023. The dividend is payable on January 12, 2024, to stockholders of record as of January 2, 2024.
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