Quanta’s Outlook Electrifies the Stock
February 22, 2010 at 15:53 PM EST
Quanta Services (PWR), the world’s largest builder of power lines, reported fourth-quarter profits of $43.9 million or 21 cents per share, which easily exceeded the consensus analysts’ estimate of $.17 per share. Were it not for expenses related to an acquisition, Quanta would have earned $.31 per share. Sales of $985.4 million were [...]
