PWR

HOUSTON, July 10, 2026 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its second quarter 2026 financial results on Thursday, July 30, 2026, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, July 30, 2026. Earnings Call Format and Supplemental MaterialsShortly following the issuance of its second quarter 2026 earnings release, Quanta will post its supplemental earnings materials on the Investor Relations section of the Quanta website (http://investors.quantaservices.com), including the Second Quarter 2026 Operational and Financial Commentary, 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 webcast, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. For those who cannot participate live, an archive of the webcast will be available shortly after the call on the Investor Relations section of Quanta's website (http://investors.quantaservices.com). For more information, please contact Kip Rupp or Sean Eastman at Quanta Services at (713) 629-7600. About Quanta ServicesQuanta Services is an industry leader in providing specialized infrastructure solutions to the utility, power generation, load center, communications, pipeline, and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy, load center 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/quanta-services-announces-second-quarter-2026-earnings-release--webcast-schedule-302822788.html

Houston, Texas-based Quanta Services, Inc. (PWR) offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries. Valued at a market cap of $100 billion, the company designs, procures, constructs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, substation facilities and more. PWR is expected to release its Q2 2026 earnings soon. Ahead of the event, analysts expect the company’s EPS to be $3.03 on a diluted basis, up 34.7% from $2.25 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters. SpaceX Has Massive Multiyear Put Options Volume As SPCX Falls Below IPO Price Jeff Bezos Says ‘We Don’t Have a Revenue Problem’ in America — Bottom Half Paying Just 3% of Taxes Means ‘We Can Find 3%’ Nebius Stock Sold Off on Meta’s Data Center News. Buy the Dip. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2026, analysts project the company’s EPS to be $12.78, up 30.4% from $9.80 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 18.7% year over year (YoY) to $15.17 in fiscal 2027. PWR stock has grown 76.5% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 20.2% rise and the State Street Industrial Select Sector SPDR ETF’s (XLI) 21.2% rise during the same time frame. On Apr. 30, PWR stock rose 15.8% following the release of its better-than-expected Q1 2026 earnings. The company’s revenue for the period amounted to $7.9 billion, surpassing Wall Street’s estimates. Moreover, its adjusted EPS came in at $2.68, beating the Street’s forecasts. Quanta expects full-year earnings in the range of $13.55 to $14.25 per share, with revenue in the range of $34.7 billion to $35.2 billion. Analysts are highly bullish on PWR, with the stock currently rated “Strong Buy” overall. Among the 27 analysts covering the stock, 21 recommend a “Strong Buy,” and six recommend a “Hold.” PWR’s average analyst price target is $805.58, indicating an upside of 20.9% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this arti...

KB Home KBH is slated to report its second-quarter fiscal 2026 (ended May 31) results on June 23, after market close.In the last reported quarter, its adjusted earnings per share (EPS) met the Zacks Consensus Estimate and decreased 65% year over year. Total revenues missed the Zacks Consensus Estimate by 2% and declined 22.6% year over year,KBH’s earnings topped the consensus mark in three of the last four quarters and met on the remaining occasion, with an average surprise of 4.5%. For the fiscal second quarter, the Zacks Consensus Estimate for adjusted EPS has remained unchanged at 44 cents over the past 30 days. The projected figure indicates a 70.7% decline from the year-ago quarter’s earnings of $1.50 per share. KB Home price-eps-surprise | KB Home Quote The consensus estimate for total revenues is pegged at $1.09 billion, indicating a decline of 28.7% from the prior-year quarter’s level. In the fiscal second quarter, KB Home’s top line is expected to have tumbled year over year due to a decline in home deliveries and average selling price (“ASP”) of deliveries. Affordability concerns, elevated mortgage rates, cautious consumer sentiment and recent geopolitical uncertainty are likely to have continued weighing on housing demand. Due to the ongoing market pressures, the company expects housing revenues in the fiscal second quarter to range within $1.05-$1.15 billion, down from $1.52 billion reported a year ago. KBH expects home deliveries between 2,250 and 2,450 during the quarter, indicating a decline from 3,120 units delivered in the year-ago quarter.Our Zacks model predicts housing revenues to be down year over year by 29.2% to $1.08 billion, with ASP on home deliveries being down 6.9% to $454,900. We expect home deliveries to be down 23.9% year over year to 2,374 homes. Although demand conditions remain challenging, KB Home’s Built-to-Order strategy, improving build times, expanding community count and disciplined community-opening activity are likely to have supported sales activity and revenue visibility. The company’s focus on personalized home offerings and a growing mix of built-to-order sales is also expected to have provided some cushion against broader market weakness. Although KB Home continues to focus on cost controls, lower build times and direct cost reductions, pricing pressure is likely to have remained the primary drag on profitabilit...

Lennar Corporation LEN reported mixed second-quarter fiscal 2026 results, with adjusted earnings topping the Zacks Consensus Estimate while revenues missed the same. Year over year, both metrics declined, given ongoing softness in housing demand and a lower average sales price (ASP) for homes delivered.LEN stock trickled down 2.5% during yesterday’s after-hours trading session, post the earnings announcement. Lennar’s adjusted earnings of $1.31 per share beat the Zacks Consensus Estimate of $1.23 by 6.5% but declined 31.1% from $1.90 in the year-ago quarter.Total revenues of $7.94 billion missed the consensus estimate of $8.07 billion by 1.6% and fell 5.2% year over year. Results reflected pressure from lower home prices and affordability constraints. Lennar Corporation price-consensus-eps-surprise-chart | Lennar Corporation Quote Homebuilding revenues declined 2% year over year to $7.62 billion from $7.84 billion. Revenues from home sales were $7.60 billion, down from $7.79 billion in the year-ago quarter, as lower pricing offset higher closings.Home deliveries increased 2% to 20,519 homes from 20,131 homes a year ago and were within management’s guidance of 20,000-21,000 homes. The ASP of homes delivered fell 5% to $371,000 from $389,000, reflecting continued weakness in the housing market.New orders decreased 4% year over year to 21,749 homes from 22,601 homes. The dollar value of new orders fell to $8.21 billion from $8.58 billion, while the ASP of new orders was $377,000 compared with $379,000 a year ago.Backlog at quarter-end increased to 16,818 homes from 15,538 homes. The backlog dollar value rose to $6.61 billion from $6.48 billion, though the ASP in backlog declined to $393,000 from $417,000.Gross margin on home sales was 15.6%, down from 17.8% in the year-ago quarter. The decline was due to lower revenue per square foot and higher land costs, partially offset by reduced construction costs as the company continued to pursue cost-saving initiatives. Meanwhile, as a percentage of home sales, SG&A expenses increased to 9.2% from 8.8%, mainly due to lower revenue leverage and higher marketing and selling expenses. Financial Services revenues declined to $236.9 million from $298.1 million a year ago. Operating earnings for the segment decreased to $101.1 million from $157.3 million, primarily due to lower profit per locked loan in the mortgage business....

Sands Capital Management, LLC released its Q1 2026 investor letter for its “Select Growth Strategy”. A copy of the letter is available to download here. Select Growth mainly targets leading U.S. businesses, driving positive structural changes. U.S. large-cap growth stocks fell in the first quarter. Sharp dispersion driven by AI advances marked the quarter, but late in the quarter, geopolitical tensions with Iran caused a broad-based risk-off move across the market. AI continued to influence market behavior, with AI-related investments increasing dispersion and shifting capital to asset-heavy sectors benefiting from AI infrastructure demand, which faced less disruption risk. While equities struggled, corporate fundamentals remained strong. Select Growth underperformed the Russell 1000 Growth Index, returning -12.9% vs. -9.8%, due to concerns about AI disruption affecting sector and stock choices. The Strategy's focus on higher-growth, asset-light, service businesses faced challenges as markets rotated toward more capital-intensive, lower-risk sectors. Underweights in cyclical and defensive sectors slightly hurt relative results amid the broader market shift. In addition, please check the Strategy’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Sands Capital Select Growth Strategy highlighted Quanta Services, Inc. (NYSE:PWR) as a notable contributor. Quanta Services, Inc. (NYSE:PWR) is an infrastructure services company that provides engineering and construction services to utilities, energy infrastructure, and telecommunications projects. On June 9, 2026, Quanta Services, Inc. (NYSE:PWR) closed at $691.95 per share. One-month return of Quanta Services, Inc. (NYSE:PWR) was -10.57%, and its shares gained 94.49% over the past 52 weeks. Quanta Services, Inc. (NYSE:PWR) has a market capitalization of $103.83 billion. Sands Capital Select Growth Strategy stated the following regarding Quanta Services, Inc. (NYSE:PWR) in its Q1 2026 investor letter: Quanta Services, Inc. (NYSE:PWR) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 94 hedge fund portfolios held Quanta Services, Inc. (NYSE:PWR) at the end of the first quarter, up from 90 in the previous quarter. While we acknowledge the potential of Quanta Services, Inc. (NYSE:PWR) as an investment, we believe cer...

Comfort Systems USA FIX is delivering the kind of earnings growth that investors rarely ignore. After posting another quarter of record revenue, expanding margins and sharply higher profits, the company is increasingly emerging as one of the biggest beneficiaries of the ongoing boom in data centers, semiconductor manufacturing and industrial construction. With earnings more than doubling in the first quarter of 2026, backlog reaching a record level and analysts continuing to raise profit estimates, Comfort Systems appears to be entering a new phase of growth. The accelerating earnings trajectory has not gone unnoticed by Wall Street. Analysts have raised their earnings estimates for both 2026 and 2027 over the past month, reflecting growing confidence in the company's ability to sustain its momentum, as shown below. Current estimates imply earnings growth of 49.1% in 2026 and another 21.5% in 2027. Revenue expectations are equally impressive, with consensus projections calling for growth of 30.5% in 2026 and 16.3% in 2027. The estimate revision trend suggests analysts believe Comfort Systems can continue translating strong demand and backlog into higher profits. FIX EPS Estimate Revision Trend Image Source: Zacks Investment Research The market has certainly taken notice. Shares of FIX have gained 96.2% year to date, significantly outperforming its Zacks Building Products - Air Conditioner and Heating industry, the broader Zacks Construction sector and the S&P 500. Yet despite the strong rally, rising earnings expectations and continued demand strength suggest the growth story may not be over. FIX Price Performance (YTD) Image Source: Zacks Investment Research Analyst sentiment remains highly favorable. Out of 10 recommendations contributing to the company’s Average Brokerage Recommendation (ABR), nine have rated the stock as a Strong Buy, leading to an impressive ABR of 1.20, reflecting overwhelmingly positive views. Wall Street's average price target of $2,096.29 suggests additional upside of 13.2% from current levels. Image Source: Zacks Investment Research The key question for investors is whether Comfort Systems' accelerating earnings momentum can continue and justify further upside in the stock. Comfort Systems operates as a leading provider of mechanical, electrical and plumbing services across the United States. The company has increasingly positioned...

Lennar Corporation LEN is set to report its second-quarter fiscal 2026 results on June 11, after the closing bell.In the last reported quarter, the company’s adjusted earnings and total revenues missed the Zacks Consensus Estimate by 8.3% and 3.1%, respectively. On a year-over-year basis, the metrics moved down 58.9% and 13.2%, respectively.Lennar’s earnings missed estimates in each of the trailing four quarters, with a negative average surprise of 6.3%. The Zacks Consensus Estimate for earnings per share (EPS) has moved south to $1.23 from $1.24 over the past seven days. The estimated figure indicates a decline of 35.3% from earnings of $1.90 per share reported in the year-ago quarter.The consensus mark for total revenues is pegged at $8.07 billion, indicating a 3.6% decline from the year-ago figure of $8.38 billion. Lennar Corporation price-eps-surprise | Lennar Corporation Quote RevenuesThe fiscal second quarter of Lennar is expected to have witnessed a downturn in its top-line performance due to the ongoing affordability issues faced by homebuyers in the United States, given the sudden spike in mortgage rates. As of Freddie Mac, the 30-year fixed mortgage rate ranged between 6.00% and 6.53% between March 2025 and May 2026. Besides inflated rates, U.S. homebuyers struggle with lower income opportunities and growing global uncertainties, which are underlying reasons for the struggling housing market of the country.During the quarter, even though the home sales volume is likely to have normalized to some extent, the reduced average selling price (ASP) on home sales pressured the revenues down. Besides, even if Lennar engaged in extensive incentive offerings to ease the financial pressures of the potential buyers in the quarter, the softness in demand is expected to have lingered.For the fiscal second quarter, Lennar expects home deliveries between 20,000 units and 21,000 units, with ASP on homes delivered between $370,000 and $375,000. These values compare with 20,131 homes sold in the year-ago quarter at an ASP of $389,000.Our model expects home deliveries for the quarter to be 20,316 units at an ASP of $372,870, indicating a year-over-year improvement of 0.9% and a decline of 4.1%, respectively. Besides, our model predicts Homebuilding revenues (contributed 95.2% to first-quarter fiscal 2026 revenues) to decline 2.6% year over year to $7.64 billion.Noneth...

Argan, Inc. AGX is scheduled to report its first-quarter fiscal 2027 results on June 4, 2026, after market close.In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 74.4% and 2.8%, respectively. On a year-over-year basis, the bottom line and top line also grew by 56.3% and 12.7%, respectively. The Zacks Consensus Estimate for fiscal first-quarter earnings per share (EPS) has remained unchanged at $2.27 over the past 60 days. The revised estimate indicates 41.9% year-over-year growth. Argan, Inc. price-eps-surprise | Argan, Inc. Quote The consensus estimate for revenues is pegged at $252.5 million, indicating a 30.4% year-over-year rise from $193.7 million. RevenuesArgan's first-quarter revenues are likely to have increased year over year, supported by continued execution on several large-scale natural gas-fired power generation projects across the United States. Management highlighted ongoing progress on multiple combined-cycle facilities, including the SLEC project in Texas, the CPV Basin project and an additional 860-megawatt facility, all of which were in the early stages of construction entering fiscal 2027. The company also continues to benefit from favorable industry fundamentals. Rapid growth in AI-driven data centers, increasing electrification across industries and the need to replace aging thermal generation assets are creating significant demand for reliable baseload power generation capacity. Management noted that these trends are driving a robust pipeline of opportunities and are expected to support demand through the near and mid-term. This growth is visible in the increased contributions from AGX’s three reportable segments: Power Services (contributing 78% of fourth-quarter fiscal 2026 revenues), Industrial Services (20%) and Teledata Services (2%).Earnings & MarginsArgan's earnings performance in the first quarter is expected to have benefited from disciplined project execution and a favorable project mix. Furthermore, the early substantial completion of the Trumbull Energy Center project reduced certain project-related costs and demonstrated the company's ability to execute efficiently. Although that specific benefit may not repeat at the same magnitude, management expressed confidence in execution trends across the broader project portfolio.However, margins could face modest pressure fro...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Quanta Services’ strong first quarter results and raised 2026 guidance have put fresh attention on contractors tied to power and data center buildouts, pulling MasTec (MTZ) into focus as another infrastructure player. See our latest analysis for MasTec. MasTec’s share price has pulled back recently, with a 1-day share price return of 4.30% down, a 7-day return of 5.24% down, and a 30-day return of 13.25% down. It still shows strong momentum with a 90-day share price return of 20.40%, a year-to-date share price return of 59.06%, and a one year total shareholder return of 131.57%. This suggests investors are reassessing short term risks while keeping an eye on the longer term infrastructure opportunity highlighted by peers like Quanta Services. If data center and grid projects have your attention, it could be worth broadening your search with a screener focused on 33 power grid technology and infrastructure stocks With MasTec trading at US$362.09 and showing only a modest 2.28% intrinsic discount, alongside a roughly 30.64% gap to the average price target, are you looking at an underappreciated infrastructure stock or one where the market is already pricing in future growth? MasTec’s last close at $362.09 sits a little above the most followed fair value estimate of $348.72, putting a spotlight on what assumptions sit underneath that gap. Read the complete narrative. Curious what kind of revenue runway and margin profile are implied here, and how they feed into a premium future earnings multiple and discount rate? The full narrative lays out the growth curve, profitability shift, and valuation bridge that underpin this fair value call. Result: Fair Value of $348.72 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, that story depends on large projects arriving and converting on time, and on MasTec avoiding cost overruns that could squeeze already thin margins. Find out about the key risks to this MasTec narrative. While the analyst narrative lands on MasTec trading about 4% above a $348.72 fair value, our DCF model using future cash flows comes out slightly higher at $370.54, which is around 2.3% above the current $362.09 price. This raises the question of whether the market is leaning too much on earnin...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Quanta Services (PWR) is back in focus after reporting what management called an exceptional first quarter, raising its full-year 2026 financial expectations, and highlighting a record backlog that supports revenue and margin performance. See our latest analysis for Quanta Services. The share price has gained 15.72% over the past month and 66.05% year to date, while the 1-year total shareholder return of 115.11% and 5-year total shareholder return of about 7x reflect strong recent momentum driven by record backlog news, buyback and dividend plans, and growing interest in grid and AI infrastructure spending. If Quanta Services' recent momentum has your attention, it can be useful to see what else is moving in power infrastructure, starting with 33 power grid technology and infrastructure stocks With the stock up sharply and trading only about 4% below the average analyst price target, the key question now is whether Quanta Services is still mispriced or if the market is already factoring in years of future growth. Quanta Services last closed at $730.10, slightly above the fair value of $710.00 in the most followed narrative, which frames the stock as high quality but not cheap. Read the complete narrative. Want to see what kind of earnings growth and profit profile might support that premium label, and how far the narrative leans on long range targets? The full story connects record backlog, cash generation, and a rich future earnings multiple, but keeps a few key assumptions under the surface. Result: Fair Value of $710 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the narrative can crack if Quanta stumbles on complex project execution, or if large data center and grid awards are delayed or scaled back. Find out about the key risks to this Quanta Services narrative. With both risks and rewards in play, do you feel the current mood on Quanta Services fits your own view, or not quite? Act while the details are fresh in mind by weighing both sides through the 2 key rewards and 2 important warning signs If Quanta Services has sharpened your interest, do not stop here. The right watchlist of fresh ideas can often make the biggest difference over time. Target resilient opportunities by scanning...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Quanta (NYSE:PWR) and the best and worst performers in the energy products and services industry. Areas like the energy transition and emission reduction are thematic and front of mind today. This can be a double-edged sword for the energy products and services industry. Those who innovate and build new expertise can jolt demand while those who cling to legacy technologies or fall behind in the trending areas could see their market shares diminish. Bigger picture, energy products and services companies are still at the whim of construction and infrastructure project volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. The 4 energy products and services stocks we track reported a slower Q1. As a group, revenues beat analysts’ consensus estimates by 3%. Thankfully, share prices of the companies have been resilient as they are up 5.5% on average since the latest earnings results. A construction engineering services company, Quanta (NYSE:PWR) provides infrastructure solutions to a variety of sectors, including energy and communications. Quanta reported revenues of $7.87 billion, up 26.3% year on year. This print exceeded analysts’ expectations by 11.5%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS and EBITDA estimates. "Quanta delivered an exceptional first quarter, reflected by strong double-digit growth in revenue, adjusted EBITDA and adjusted earnings per share, along with record backlog of $48.5 billion. In particular, revenue growth and margin performance exceeded our expectations across both segments, demonstrating the power of our differentiated, solutions-based operating model and the execution certainty our craft-skilled workforce delivers for our customers every day. Based on this strong start to the year and improved visibility, we are increasing our full-year 2026 financial expectations and remain on track to deliver another year of double-digit earnings per share growth," said Duke Austin, President and Chief Executive Officer of Quanta Services. Quanta achieved the biggest analyst estimate beat but had the weakest full-year guidance update of the whole group. Unsurprisingly, the stock is up 17.2% since r...

Dycom Industries, Inc. DY is scheduled to report its first-quarter fiscal 2027 results on May 27, before the opening bell.In the last reported quarter, the company’s adjusted earnings and contract revenues topped the Zacks Consensus Estimate by 6.3% and 5.1%, respectively. On a year-over-year basis, both metrics grew 42% and 34.4%, respectively.Dycom’s earnings surpassed estimates in each of the trailing four quarters, with an average of 17.1%. The Zacks Consensus Estimate for fiscal first-quarter earnings per share (EPS) has moved north to $2.73 from $2.72 in the past 60 days. The revised estimate indicates 30.6% year-over-year growth.The consensus estimate for contract revenues is pegged at $1.67 billion, indicating a 32.3% year-over-year rise from $1.26 billion. Dycom Industries, Inc. price-eps-surprise | Dycom Industries, Inc. Quote RevenuesDycom’s top-line performance in the fiscal first quarter is expected to have benefited from surging digital infrastructure demand, mainly tied to Artificial Intelligence and hyperscale computing. The company is expected to have witnessed increased activity for fiber-to-the-home deployments, long-haul and middle-mile fiber infrastructure builds and large data center campuses. Moreover, the Broadband Equity Access and Deployment (BEAD) program, offering to be a multiyear catalyst amid strong project activity, is likely to have added to the quarter’s top-line growth.Notably, the acquisition of Power Solutions, LLC, under the Building Systems segment, is expected to have aided this segment’s contributions in the quarter, thus boosting overall growth. For the fiscal first quarter, DY expects contract revenues between $1.64 billion and $1.71 billion.For the fiscal first quarter, our Zacks model expects revenues from the Communications and Building Systems segments to be $1.37 billion and $291.4 million, up sequentially 0.3% and 204%, respectively. Earnings & MarginsFor the fiscal first quarter, Dycom’s bottom line is expected to have increased year over year because of incremental leverage from contract revenue growth and strong operational capabilities. Owing to the robust market fundamentals, the company projects adjusted EBITDA between $202 million and $218 million, up from $150.4 million reported in the prior-year quarter. The company anticipates adjusted EPS in the range of $2.57-$2.90 for the fiscal first quarter.Our...