Quanta Services forecasts 2026 profit above estimates on strong AI data center-led demand

Strong Bullish 100.0
Quanta Services on Thursday forecast 2026 profit above Wall Street estimates, ‌as robust investments in AI-infrastructure boosts demand ‌for the energy contractor's core electric segment. Shares of the company ​rose 6% in premarket trading. The Houston, Texas-based company expects full-year adjusted profit per share between $12.65 and $13.35, above analysts' estimate of $12.44 per share, according to ‌data compiled by ⁠LSEG.
Read Source Login to use Pulse AI

Pulse AI Analysis

Pulse analysis not available yet. Click "Get Pulse" above.

This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.