Investing.com - Quanta Services (NYSE:PWR) reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Quanta Services announced earnings per share of $1.77 on revenue of $4.46B. Analysts polled by Investing.com anticipated EPS of $1.77 on revenue of $4.4B.
Quanta Services shares are down 39.61% from the beginning of the year and are trading at $136.78 , down-from-52-week-high.
Quanta Services follows other major Industrials sector earnings this month
Quanta Services's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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