/Quanta%20Services%2C%20Inc_%20logo%20on%20phone%20and%20website-by%20T_Schneider%20via%20Shutterstock.jpg)
Houston, Texas-based Quanta Services, Inc. (PWR) provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries. Valued at $35.86 billion by market cap, the company also installs transportation control and lighting systems and provides specialty electric power and communication services for industrial and commercial customers. The specialty contractor for utility and energy companies is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Thursday, Aug. 1.
Ahead of the event, analysts expect PWR to report a profit of $1.76 per share on a diluted basis, up 19.7% from $1.47 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on another occasion.
