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Mar 31, 2022
Quanta Services Q1 2022 Earnings Report
Quanta Services reported strong revenue growth in every segment and a record total backlog.
Key Takeaways
Quanta Services reported first quarter consolidated revenues of $4.0 Billion with GAAP diluted EPS of $0.57 and adjusted diluted EPS of $1.37. The company reiterated full-year 2022 financial expectations.
Quanta delivered a strong first quarter to start the year, with significant revenue growth in each segment.
Record total backlog of $20.5 billion.
Solid and safe execution by our portfolio of companies, which produced record first quarter adjusted earnings per share (EPS).
Reiterating our 2022 consolidated financial expectations.
Revenue by Segment
Forward Guidance
For the full year ending December 31, 2022, Quanta now expects revenues to range between $16.20 billion and $16.70 billion, net income attributable to common stock to range between $515 million and $590 million, diluted earnings per share attributable to common stock to range between $3.47 and $3.97 and adjusted diluted earnings per share attributable to common stock to range between $6.00 and $6.50 for the full year ending December 31, 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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