Quanta Services raises FY25 adjusted EPS view to $10.05-$10.65 from $9.90-$10.50

Consensus $10.17. Raises FY25 revenue view to $26.7B-$27.2B from $26.6B-$27.1B, consensus $26.88B. raises FY25 adjusted EBITDA view to $2.68B-$2.81B from $2.66B-$2.8B. The company said, “The long-term outlook for Quanta’s business is positive. However, weather, regulatory, permitting, supply chain, trade policy, macroeconomic challenges and other factors affecting project timing and execution have impacted, and may impact in the future, Quanta’s financial results. Additionally, we continue to consider future uncertainty associated with overall challenges to the domestic and global economy, including inflation, interest rates and potential recessionary economic conditions. Quanta’s financial outlook for revenues, margins and earnings reflects management’s effort to align these uncertainties with the backlog the Company is executing on and the opportunities expected to materialize during the remainder of 2025.”