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, still down 8.40% from its 52 week high of $149.33 set on August 25.
Quanta Services follows other major Industrials sector earnings this month
Quanta Services's report follows an earnings beat by United Parcel Service on October 25, 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 October 25 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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