PWR Q3 Earnings Beat on Electric Strength, 2026 View Raised, Stock Up

Quanta Services (PWR) delivered impressive Q3 2026 results with adjusted EPS surging 82% to $6.06 and revenues jumping 57.4% to $12.01 billion, both beating consensus estimates. The Electric segment led growth with 58.8% revenue increase, while total backlog hit a record $63.7 billion. PWR raised full-year 2026 revenue guidance to $41.30-$41.60 billion and adjusted EPS guidance to $17.90-$18.30, with management anticipating strong double-digit earnings growth in 2027.