PWR / Q3 2026 (FQ3 2026 - Sep 2026)

Quanta Services, Inc.

Reported: Oct 29, 2026

Forecast published

Oct 26, 2026 at 5:54 PM PDT

Opus 5.5 High in Shortcut

Shortcut

5.10

Normalized diluted EPS

+2.1% vs Street

Off by $0.96 per share

Street

5.00

Normalized diluted EPS

October 25 consensus snapshot

Off by $1.06 per share

Real

6.06

Quanta issuer adjusted diluted EPS attributable to common stock

Shortcut win

Reported result · Oct 29 ↗ · The quarterly reconciliation reports adjusted diluted EPS 6.06 versus GAAP 4.55, both attributable to common stock and using 152.693m diluted shares.

USD per diluted common share. Comparisons use unrounded estimates.

Model download

Explore the assumptions and calculations behind the forecast.

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Shortcut’s reasoning.

FY26 guidance raised 7/30/26 (revenue $39.3-39.7bn, adj. EPS $16.45-16.95) implies ~$11.0bn revenue and ~$5.02 adj. EPS for 3Q26 after 1H26 actuals; frozen consensus ($5.00 / $10.91bn) sits at that guidance-implied level.

Bottom-up: Electric $8.90bn (30% organic growth + ~$0.88bn acquired) at 11.6% margin (guide: 3Q comparable to 2Q 11.5%; 3Q25 was 11.4%); U&I $2.20bn at 9.3% (guide: margin up sequentially; record $9.7bn backlog).

Below the line from issuer guidance: interest ~2Q level, tax 25.3% (3Q similar to 2Q), amortization ~$185m, SBC ~$71m, NCI ~$12m, ~152.6m diluted shares -> adj. EPS $5.10, GAAP EPS $3.83.

On the record.

Reporting period: Q3 2026 (FQ3 2026 - Sep 2026)
Reporting basis: Quanta adjusted diluted EPS, USD per common share
Consensus snapshot: October 25, 2026
Model / effort: Opus 5.5 · High effort
Workbook: Reviewed workbook

Record history

Forecast generated: Oct 26, 2026 at 5:07 PM PDT
Reviewed revision completed: Oct 26, 2026 at 5:07 PM PDT
First published: Oct 26, 2026 at 5:54 PM PDT

Result basis

The quarterly reconciliation reports adjusted diluted EPS 6.06 versus GAAP 4.55, both attributable to common stock and using 152.693m diluted shares. The separate interim measure adjusted diluted EPS before certain non-cash adjustments is 4.80 and is not the accepted fully adjusted comparison. Non-cash SBC and intangible-amortization adjustments are included in the reported 6.06. The issuer Q3 2025 adjusted comparative 3.33 matches the frozen normalized history for that quarter. This check does not claim exhaustive item-level vendor definition equivalence.