Quanta Services: Bullish Trend & Strong Q3 Results

Quanta Services, a large-cap stock with a nearly sixty-eight billion dollar valuation, is a major player in infrastructure solutions, focusing on electric power grids, renewable energy projects, and communication networks. Despite a recent three percent dip, the stock has gained over twenty-one percent in the past three months and forty-four percent year-to-date, outperforming the Dow Jones Industrial Average. Quantas strong performance is backed by robust third-quarter results, with adjusted earnings per share beating forecasts and revenue jumping over seventeen percent to seven and a half billion dollars. The companys confidence in future growth is reflected in their raised full-year revenue guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.