Quanta Services (PWR) Tops Q4 EPS by 23c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, FY21 EPS Mid-Point Outlook Above Consensus

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Quanta Services Reports Fourth Quarter And Annual 2020 Results

February 25, 2021 6:55 AM EST

HOUSTON, Feb. 25, 2021 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2020. Revenues in the fourth quarter of 2020 were $2.91 billion compared to revenues of $3.11 billion in the fourth quarter of 2019, and net income attributable to common stock was $170.1 million, or $1.17 per diluted share, in the fourth quarter of 2020 compared to net income attributable to common stock of $118.1 million, or $0.80 per diluted share, in the fourth quarter of 2019. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $1.22 for the fourth quarter of 2020 compared to $0.93 for the fourth quarter of 2019.

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