Subtext

Quanta Services, Inc. PWR

Transcripts59
Date range2010-11-03 – 2025-05-01
Calls charted59

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-16-8+0+8+162010 Q32012 Q32014 Q32016 Q32018 Q32020 Q32022 Q32024 Q32010 Q3 · Overall: -2.42010 Q4 · Overall: +0.82011 Q1 · Overall: -6.92011 Q2 · Overall: +3.62011 Q3 · Overall: +1.62011 Q4 · Overall: +1.62012 Q1 · Overall: +2.72012 Q2 · Overall: +3.22012 Q3 · Overall: +3.92012 Q4 · Overall: +5.42013 Q1 · Overall: +8.82013 Q2 · Overall: +7.02013 Q3 · Overall: +5.42013 Q4 · Overall: +4.52014 Q1 · Overall: +4.52014 Q2 · Overall: +6.22014 Q3 · Overall: +2.82014 Q4 · Overall: -4.52015 Q1 · Overall: -3.92015 Q2 · Overall: -6.42015 Q3 · Overall: +0.72015 Q4 · Overall: -4.42016 Q1 · Overall: +4.12016 Q2 · Overall: -2.72016 Q3 · Overall: +2.92016 Q4 · Overall: +7.62017 Q1 · Overall: +5.32017 Q2 · Overall: +8.12017 Q3 · Overall: +3.52017 Q4 · Overall: +4.62018 Q1 · Overall: +11.22018 Q2 · Overall: +7.12018 Q3 · Overall: +7.42018 Q4 · Overall: +8.92019 Q1 · Overall: +6.42019 Q2 · Overall: -3.12019 Q3 · Overall: +7.62019 Q4 · Overall: +11.82020 Q1 · Overall: -0.32020 Q2 · Overall: +13.82020 Q3 · Overall: +6.72020 Q4 · Overall: +10.02021 Q1 · Overall: +7.22021 Q2 · Overall: +6.92021 Q3 · Overall: +6.32021 Q4 · Overall: +9.82022 Q1 · Overall: +11.62022 Q2 · Overall: +6.52022 Q3 · Overall: +3.92022 Q4 · Overall: +8.02023 Q1 · Overall: +11.22023 Q2 · Overall: +10.92023 Q3 · Overall: +6.82023 Q4 · Overall: +7.52024 Q1 · Overall: +1.42024 Q2 · Overall: +5.32024 Q3 · Overall: +3.62024 Q4 · Overall: +1.52025 Q1 · Overall: +1.5
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-32-16+0+16+322010 Q32012 Q32014 Q32016 Q32018 Q32020 Q32022 Q32024 Q32010 Q3 · CEO: -1.92010 Q4 · CEO: +2.82011 Q1 · CEO: -11.82011 Q2 · CEO: +7.72011 Q3 · CEO: +10.02012 Q1 · CEO: +11.82012 Q2 · CEO: +11.12012 Q3 · CEO: +12.12012 Q4 · CEO: +16.62013 Q1 · CEO: +18.32013 Q2 · CEO: +17.12013 Q3 · CEO: +15.62013 Q4 · CEO: +12.12014 Q1 · CEO: +15.22014 Q2 · CEO: +12.92014 Q3 · CEO: +8.52014 Q4 · CEO: -4.22015 Q1 · CEO: +1.92015 Q2 · CEO: -3.62015 Q3 · CEO: +5.92015 Q4 · CEO: +0.02016 Q3 · CEO: +11.52017 Q1 · CEO: +19.92017 Q2 · CEO: +18.42017 Q3 · CEO: +7.82018 Q4 · CEO: +18.82019 Q1 · CEO: +13.42019 Q2 · CEO: +2.52019 Q3 · CEO: +11.72019 Q4 · CEO: +24.22020 Q2 · CEO: +27.82020 Q3 · CEO: +15.02020 Q4 · CEO: +18.92021 Q1 · CEO: +15.42021 Q2 · CEO: +15.22021 Q3 · CEO: +13.52021 Q4 · CEO: +19.22022 Q1 · CEO: +18.32022 Q2 · CEO: +14.22022 Q3 · CEO: +6.62022 Q4 · CEO: +20.52023 Q1 · CEO: +16.42023 Q2 · CEO: +16.92023 Q3 · CEO: +11.72023 Q4 · CEO: +12.12024 Q2 · CEO: +8.52024 Q3 · CEO: +7.42024 Q4 · CEO: +6.22025 Q1 · CEO: +8.02010 Q3 · CFO: -1.52010 Q4 · CFO: +1.22011 Q1 · CFO: -4.42011 Q2 · CFO: -1.62011 Q3 · CFO: -3.12011 Q4 · CFO: +3.72012 Q1 · CFO: -5.72012 Q3 · CFO: -1.42012 Q4 · CFO: +0.02013 Q1 · CFO: +4.32013 Q2 · CFO: +5.42013 Q3 · CFO: +3.02013 Q4 · CFO: +6.22014 Q1 · CFO: +2.62014 Q2 · CFO: +3.02014 Q3 · CFO: +2.22014 Q4 · CFO: -1.42015 Q1 · CFO: -3.12015 Q2 · CFO: -9.52015 Q3 · CFO: -5.02015 Q4 · CFO: -8.62016 Q1 · CFO: -0.62016 Q2 · CFO: -7.02016 Q3 · CFO: -0.32016 Q4 · CFO: +2.62017 Q1 · CFO: -5.62017 Q2 · CFO: +3.82017 Q3 · CFO: +0.42017 Q4 · CFO: +2.32018 Q1 · CFO: +9.02018 Q2 · CFO: +5.92018 Q3 · CFO: +2.92018 Q4 · CFO: +5.32019 Q1 · CFO: +3.52019 Q2 · CFO: -5.02019 Q3 · CFO: +7.12019 Q4 · CFO: +6.42020 Q1 · CFO: -6.82020 Q2 · CFO: -1.42020 Q3 · CFO: +0.02020 Q4 · CFO: +0.32021 Q1 · CFO: +7.32021 Q2 · CFO: -2.62021 Q3 · CFO: +4.42021 Q4 · CFO: +1.52022 Q1 · CFO: +8.92022 Q2 · CFO: +6.32022 Q3 · CFO: +7.42022 Q4 · CFO: -1.02023 Q1 · CFO: +20.52023 Q2 · CFO: +22.62023 Q3 · CFO: +12.62023 Q4 · CFO: +18.92024 Q2 · CFO: +14.62024 Q3 · CFO: +20.12024 Q4 · CFO: +14.12025 Q1 · CFO: +14.3
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-32-16+0+16+322010 Q32012 Q32014 Q32016 Q32018 Q32020 Q32022 Q32024 Q32010 Q3 · Prepared remarks: +3.52010 Q4 · Prepared remarks: +5.82011 Q1 · Prepared remarks: -6.42011 Q2 · Prepared remarks: +0.22011 Q3 · Prepared remarks: +0.02011 Q4 · Prepared remarks: +2.62012 Q1 · Prepared remarks: +6.72012 Q2 · Prepared remarks: +3.72012 Q3 · Prepared remarks: +6.22012 Q4 · Prepared remarks: +2.12013 Q1 · Prepared remarks: +9.52013 Q2 · Prepared remarks: +9.32013 Q3 · Prepared remarks: +8.72013 Q4 · Prepared remarks: +6.92014 Q1 · Prepared remarks: +3.22014 Q2 · Prepared remarks: +7.82014 Q3 · Prepared remarks: +2.82014 Q4 · Prepared remarks: -0.22015 Q1 · Prepared remarks: -3.82015 Q2 · Prepared remarks: -11.32015 Q3 · Prepared remarks: -4.42015 Q4 · Prepared remarks: -4.52016 Q1 · Prepared remarks: +5.52016 Q2 · Prepared remarks: -5.42016 Q3 · Prepared remarks: +6.72016 Q4 · Prepared remarks: +10.72017 Q1 · Prepared remarks: +8.62017 Q2 · Prepared remarks: +7.92017 Q3 · Prepared remarks: +5.32017 Q4 · Prepared remarks: +9.72018 Q1 · Prepared remarks: +14.92018 Q2 · Prepared remarks: +12.52018 Q3 · Prepared remarks: +11.12018 Q4 · Prepared remarks: +13.22019 Q1 · Prepared remarks: +11.82019 Q2 · Prepared remarks: -4.62019 Q3 · Prepared remarks: +12.02019 Q4 · Prepared remarks: +16.42020 Q1 · Prepared remarks: +1.92020 Q2 · Prepared remarks: +9.32020 Q3 · Prepared remarks: +10.82020 Q4 · Prepared remarks: +13.12021 Q1 · Prepared remarks: +16.82021 Q2 · Prepared remarks: +11.52021 Q3 · Prepared remarks: +13.32021 Q4 · Prepared remarks: +13.92022 Q1 · Prepared remarks: +20.22022 Q2 · Prepared remarks: +12.92022 Q3 · Prepared remarks: +11.72022 Q4 · Prepared remarks: +14.02023 Q1 · Prepared remarks: +20.72023 Q2 · Prepared remarks: +22.72023 Q3 · Prepared remarks: +17.32023 Q4 · Prepared remarks: +12.72024 Q1 · Prepared remarks: +25.22024 Q2 · Prepared remarks: +11.62024 Q3 · Prepared remarks: +9.52024 Q4 · Prepared remarks: +23.52025 Q1 · Prepared remarks: +12.82010 Q3 · Q&A responses: -1.72010 Q4 · Q&A responses: -2.02011 Q1 · Q&A responses: -4.52011 Q2 · Q&A responses: +8.92011 Q3 · Q&A responses: +6.72011 Q4 · Q&A responses: +5.82012 Q1 · Q&A responses: +2.62012 Q2 · Q&A responses: +7.42012 Q3 · Q&A responses: +7.62012 Q4 · Q&A responses: +13.62013 Q1 · Q&A responses: +11.52013 Q2 · Q&A responses: +11.52013 Q3 · Q&A responses: +8.52013 Q4 · Q&A responses: +7.32014 Q1 · Q&A responses: +10.82014 Q2 · Q&A responses: +6.92014 Q3 · Q&A responses: +4.32014 Q4 · Q&A responses: -8.82015 Q1 · Q&A responses: +0.22015 Q2 · Q&A responses: -1.12015 Q3 · Q&A responses: +6.32015 Q4 · Q&A responses: -2.62016 Q1 · Q&A responses: +5.22016 Q2 · Q&A responses: +2.82016 Q3 · Q&A responses: +6.92016 Q4 · Q&A responses: +12.32017 Q1 · Q&A responses: +9.02017 Q2 · Q&A responses: +14.52017 Q3 · Q&A responses: +5.32017 Q4 · Q&A responses: +5.72018 Q1 · Q&A responses: +13.12018 Q2 · Q&A responses: +7.12018 Q3 · Q&A responses: +9.32018 Q4 · Q&A responses: +9.52019 Q1 · Q&A responses: +4.32019 Q2 · Q&A responses: +3.52019 Q3 · Q&A responses: +6.72019 Q4 · Q&A responses: +13.72020 Q1 · Q&A responses: +3.82020 Q2 · Q&A responses: +27.42020 Q3 · Q&A responses: +7.72020 Q4 · Q&A responses: +7.32021 Q1 · Q&A responses: +6.22021 Q2 · Q&A responses: +6.12021 Q3 · Q&A responses: +5.12021 Q4 · Q&A responses: +8.52022 Q1 · Q&A responses: +10.92022 Q2 · Q&A responses: +8.22022 Q3 · Q&A responses: -0.92022 Q4 · Q&A responses: +6.62023 Q1 · Q&A responses: +12.72023 Q2 · Q&A responses: +13.72023 Q3 · Q&A responses: +5.12023 Q4 · Q&A responses: +10.92024 Q1 · Q&A responses: +10.72024 Q2 · Q&A responses: +7.22024 Q3 · Q&A responses: +7.22024 Q4 · Q&A responses: +4.02025 Q1 · Q&A responses: +5.8
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.09$5.77$10.452010 Q32012 Q32014 Q32016 Q32018 Q32020 Q32022 Q32024 Q32014 Q1: $1.912014 Q2: $2.112014 Q3: $2.252014 Q4: $2.362015 Q1: $2.302015 Q2: $2.192015 Q3: $1.862015 Q4: $1.742016 Q1: $1.732016 Q2: $1.802016 Q3: $1.862016 Q4: $2.032017 Q1: $2.062017 Q2: $2.152017 Q3: $2.332017 Q4: $2.452018 Q1: $2.692018 Q2: $2.962018 Q3: $3.072018 Q4: $3.192019 Q1: $3.462019 Q2: $3.652019 Q3: $3.592019 Q4: $3.882020 Q1: $3.872020 Q2: $3.482020 Q3: $3.852020 Q4: $4.202021 Q1: $4.422021 Q2: $4.692021 Q3: $5.262021 Q4: $6.052022 Q1: $6.492022 Q2: $6.642022 Q3: $6.802022 Q4: $7.002023 Q1: $7.332023 Q2: $7.672023 Q3: $8.102023 Q4: $8.372024 Q1: $8.672024 Q2: $9.072024 Q3: $9.80

Forward P/E

5.1119.0132.912010 Q32012 Q32014 Q32016 Q32018 Q32020 Q32022 Q32024 Q32014 Q1: 18.912014 Q2: 16.102014 Q3: 16.472014 Q4: 11.282015 Q1: 12.332015 Q2: 13.652015 Q3: 13.422015 Q4: 11.902016 Q1: 12.812016 Q2: 12.812016 Q3: 13.282016 Q4: 17.222017 Q1: 18.232017 Q2: 15.132017 Q3: 15.532017 Q4: 15.632018 Q1: 13.062018 Q2: 12.432018 Q3: 11.242018 Q4: 8.952019 Q1: 10.572019 Q2: 10.612019 Q3: 10.692019 Q4: 10.492020 Q1: 7.032020 Q2: 11.182020 Q3: 13.642020 Q4: 16.292021 Q1: 19.882021 Q2: 19.422021 Q3: 22.462021 Q4: 18.542022 Q1: 18.932022 Q2: 18.692022 Q3: 20.932022 Q4: 21.732023 Q1: 21.212023 Q2: 24.152023 Q3: 24.742023 Q4: 25.122024 Q1: 27.902024 Q2: 30.992024 Q3: 27.76

Divergence watch

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q3 tone ↓ -3.4 fwd EPS ↑ +0.14 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q4 tone ↓ -7.3 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↑ +7.1 fwd EPS ↓ -0.33 Tone rose while the forward EPS estimate was cut.
  • 2016 Q2 tone ↓ -6.9 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -2.4 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -4.7 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q2 tone ↓ -4.1 fwd EPS ↑ +0.27 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↓ -2.4 fwd EPS ↑ +0.27 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -9.6 fwd EPS ↑ +0.19 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↑ +10.8 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +14.0 fwd EPS ↓ -0.39 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -7.1 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -2.8 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -5.2 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -2.6 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q3 tone ↓ -4.1 fwd EPS ↑ +0.43 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -6.1 fwd EPS ↑ +0.30 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-01+1.5View →
2024 Q42025-02-20+1.5View →
2024 Q32024-10-31+3.6$9.8027.8View →
2024 Q22024-08-01+5.3$9.0731.0View →
2024 Q12024-05-02+1.4$8.6727.9View →
2023 Q42024-02-22+7.5$8.3725.1View →
2023 Q32023-11-02+6.8$8.1024.7View →
2023 Q22023-08-03+10.9$7.6724.1View →