Quanta Services (PWR) reported Q3 revenue of $12.0B (+57% YoY) and adjusted EPS of $6.06 (+82% YoY), both above consensus. Total backlog hit a record $63.7B. The company raised FY26 revenue guidance to $41.3B-$41.6B and adjusted EPS to $17.90-$18.30, well above estimates. Management also flagged potential for double-digit adjusted EPS growth in 2027.
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