Quanta Services Inc
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PWR Quanta Services Inc
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Industrials : Construction & Engineering | Mid Cap Growth
Company profile

Quanta Services, Inc. is a provider of comprehensive infrastructure solutions for the electric and gas utility, renewable energy, communications, pipeline and energy industries in the United States, Canada, Australia and select other international markets. The Company's Electric Power Infrastructure Solutions segment is engaged in the design, procurement, new construction, upgrade and repair and maintenance services for electric power transmission and distribution infrastructure. The Renewable Energy Infrastructure Solutions segment provides infrastructure solutions, including engineering, procurement, and repair and maintenance for renewable generation facilities, such as wind, solar, and hydropower generation facilities and battery storage facilities. Its Underground Utility and Infrastructure Solutions segment provides infrastructure solutions to customers involved in the transportation, distribution, storage, development and processing of natural gas, oil and other products.

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Today's volume of 2 shares is on pace to be much lighter than PWR's 10-day average volume of 1,011,991 shares.


American Eagle says Q4 revenue down about 3% in quarter-to-date, at higher end of expectations

8:09 am ET January 9, 2023 (MarketWatch)

American Eagle Outfitters Inc. (AEO) said Monday its fourth-quarter brand revenue is down about 3% in the quarter through Jan. 7, tracking at the higher end of its expectations. American Eagle is tracking slightly ahead, while its underwear brand Aerie is in line with expectations. "Gross margins are now expected to be on the high end of the company's guidance of 32-33%, reflecting controlled promotions fueled by strong inventory management," the company said in a statement. Current inventory is well-positioned with quarter-end inventories expected to be down compared to last year, in-line with prior guidance." The stock was up 2.3% premarket, but has fallen 37% in the last 12 months, while the S&P 500has fallen 17%.

-Ciara Linnane


(END) Dow Jones Newswires

January 09, 2023 08:09 ET (13:09 GMT)

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