Quanta Services Q3 Profit Rises to $694.9 Million as Revenue Jumps 57.4%

Quanta Services Inc. (PWR) reported third-quarter earnings of $694.859 million, or $4.55 per share, up from $339.420 million, or $2.24 per share, a year earlier, the company announced. Excluding items, the infrastructure services provider posted adjusted earnings of $924.913 million, or $6.06 per share. Revenue for the quarter rose 57.4% to $12.014 billion from $7.631 billion last year, according to the company's results.