Quanta raises annual forecasts after revenue and earnings accelerate
Quanta Services ($PWR) increased its 2026 revenue forecast to $41.3–41.6 billion and its adjusted EPS outlook to $17.90–18.30. Third-quarter 2026 revenue reached $12.01 billion, compared with $7.63 billion a year earlier. Net income attributable to common shareholders more than doubled to $694.9 million, or $4.55 per diluted share, while adjusted EPS rose to $6.06 from $3.33. Quarterly free cash flow was approximately $1.20 billion. Total backlog reached $63.7 billion, providing visibility into
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