Quanta Services ups FY25 adjusted EPS view to $10.28-$10.88 from $10.05-$10.65

Consensus $10.35. Raises FY25 revenue view to $27.4B-$27.9B from $26.7B-$27.2B, consensus $27B. Raises FY25 adjusted EBITDA view to $2.76B-$2.89B from $2.68B-$2.81B. The company said, “For the full year ending December 31, 2025, Quanta now expects revenues to range between $27.4 billion and $27.9 billion and net income attributable to common stock to range between $978.5 million and $1.07 billion. Quanta also now expects diluted earnings per share attributable to common stock to range between $6.47 and $7.07 and adjusted diluted earnings per share attributable to common stock to range between $10.28 and $10.88. Quanta now expects EBITDA to range between $2.50 billion and $2.63 billion and adjusted EBITDA to range between $2.76 billion and $2.89 billion. Additionally, for the full year ending December 31, 2025, Quanta continues to expect net cash provided by operating activities to range between $1.70 billion and $2.25 billion and free cash flow to range between $1.20 billion and $1.70 billion.”