Can FIX's $147M CapEx surge into modular construction unlock sustained growth despite near-term cash flow pressure?
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Quanta Services, Inc. (NYSE:PWR) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer called the company an “obvious winner when you want to build out the electric grid,” as he stated: I’m going to go down, literally go down the S&P’s top gainers today. I’m doing a little […]
Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
Infrastructure solutions provider Quanta (NYSE:PWR) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 26.3% year on year to $7.87 billion. The company’s full-year revenue guidance of $34.95 billion at the midpoint came in 4.9% above analysts’ estimates. Its non-GAAP profit of $2.68 per share was 31.9% above analysts’ consensus estimates.
Quanta Services (NYSE:PWR) opened 2026 with what management characterized as a strong first quarter, citing double-digit growth in revenue, adjusted EBITDA, and adjusted earnings per share, alongside record backlog and a higher full-year outlook. First-quarter results and raised 2026 outlook Chief
Shares of infrastructure solutions provider Quanta (NYSE:PWR) jumped 14.7% in the afternoon session after the company reported record first-quarter 2026 results that significantly exceeded analyst expectations and raised its full-year financial outlook.
April showers haven't washed away the bulls' enthusiasm this week.
Alphabet rises after the Google parent reports strong first-quarter earnings, while Meta sinks on lofty capital spending guidance.
Moby summary of Quanta Services, Inc.'s Q1 2026 earnings call
Big Tech companies are increasing artificial intelligence capital spending and Quanta Services on Thursday hiked its 2026 profit outlook.
Kip Rupp: Thank you, and welcome, everyone, to the Quanta Services First Quarter 2026 Earnings Conference Call. This morning, we issued a press release announcing our first quarter 2026 results, which can be found in the Investor Relations section of our website at quantaservices.com. This morning, we also posted our first quarter 2026 operational and financial commentary and our 2026 outlook expectation summary on Quanta's Investor Relations website.
Quanta Services, Viavi Solutions and Carrier Global gave positive comments on their data center businesses.