Why Quanta Services (PWR) Dipped More Than Broader Market Today

Quanta Services (PWR) declined 1.53% in the latest session, underperforming the S&P 500. The company is expected to report earnings on October 29, 2026, with anticipated EPS of $5.01 (up 50.45% YoY) and revenue of $10.99 billion (up 43.95% YoY). However, PWR trades at a premium valuation with a Forward P/E of 38.47 versus the industry average of 22.28, and holds a Zacks Rank #3 (Hold) rating.