Transcript • Apr. 30, 2026 1:00 PM • Quanta Services, Inc. (PWR)
Transcript
Apr. 30, 2026 1:00 PM
Quanta Services, Inc. (PWR)
Matt Carter: Good morning and welcome to the Good Morning Contest. Good morning and welcome to the Good Morning Contest. Thank you. Thank you.
Lisa Chang: Thank you. Thank you. I'm I'm I'm I'm allowing additional time. Please remember that information. Please remember that information. Please remember that information. . . . . Please refer to these documents. . . With that, I would like to thank our sponsors.
Sam Walker: Thanks, Kip. Thanks, Kip. Good morning, everyone. Thanks, Kip. Good morning, everyone. Good morning, everyone. Good morning, everyone. Good morning, everyone. One is off the ground for the strong start of the first quarter of the year. The first quarter of the year, the first quarter of the year, the first quarter of the year, the first quarter of the year, Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. It all comes back to that, that, that, that, that, that, that, that, that, that, that, that, that, that. We are there now. The trust we have built is that banks and private banks and investments we have made in the past, how we are doing, and how we are doing, and how we are doing, and how we are doing, and how we are doing, and how we are doing. . . . and supply to the other solutions. We are encouraging Chick-fil-A for data security services. Chick-fil-A for data security services. Chick-fil-A for data security services. Chick-fil-A for data security services. for the ability to move our people across a 2.4 trillion market. The market is emerging around the world from one generation to another. In large planes, what alliance goes on across the world? When space goes, man keeps delivering. When we look at our investment, when we look at our investment, when we look at our investment, when we look at our investment, Thank you. Thank you. Thank you.
John Duke: This morning we recorded $7.9 billion in net income trading. This morning, $1.21 million was just a revenue adjustment. Adjusted to the share of $2.5 billion. and adjust to the conditions based on the continued momentum of the economy. Based on the continued momentum of the economy, the record for ODA is strong. Based on the continued momentum of the economy, the record for ODA is strong. We now expect... As Duke mentioned, as Duke mentioned, Thank you. Over the course of our five years, we have an income and an acquisition, investment rate balance, and an acquisition and an acquisition of $100,000, and a target level, and the return of $1.5 million, and the return of $1.5 million, and the return of $1.5 million. That's $1.5 million. One quarter in. One quarter out. One quarter in. One quarter out. One quarter in. With that, we're happy to take your questions.
Emily Lee: Operator, operator, both available on our website. With that, we're happy to take your questions. If you have joined via the webinar, please use the raise hand icon which will be found at the bottom of the webinar. When you are called on, please unmute your line and ask a question. Our first question is from Nick from M4ISN.
Nick Stevens: Please unmute your line and ask a question. All right, good morning, guys. How's everyone? Just wanted to start to really, honestly, you guys have kind of mentioned the opportunity to improve margins on the underground construction structure. It seems like, obviously, that was one of the drivers here. I just wanted to see, does that kind of, do you kind of view that as a forward on the next one? Oh, yeah. Thanks for the question.
Sam Walker: When we looked at the underground coming in with DSI segment as well as broad-based, what I think is execution in this segment did a nice job. I do believe that's where you're earnings improvement are coming from the ui so not to say we can't improve some of the electric segments but as we discussed that's where you can see the incremental margins
Nick Stevens: You know, even for the past 30 days, since the investor day, we've seen a lot more, I guess, rhetoric and commentary from a lot of, whether it's developers or employees in general, or even hyperscalers, on the notion of more of a bridge power type of approach. Is that something that is kind of an incremental, or are you just thinking that you can go first somewhat, you know, I mean, everyone has a different solution.
Sam Walker: to the issues of lack of innovation. So I think when we look at it, it's the easiest and I think the best way is to connect to the grid. Most of our customers don't go to the grid at some point. There is a grid power solution out there. They're out there working with others involved in jobs. And I think that is a good bridge power in many ways. And we'll end up being back in power at some point. So to have a microgrid at some type of learning that the chips have, it's very difficult. And not many people can build those microgrids and run their utilities are very good at it. It's much easier for them to do it than it is to try to run a microwave from technology. So, yes, it's complicated for us on grid power and other things, but we're involved in all of it. I would tell you, as a large majority of us, we're involved in all of it.
Emily Lee: Hey everyone. Hey everyone.
Mike Davis: Hey everyone. Thank you.
Sam Walker: Thank you. ... ... ... ... ... Good morning. Good morning.
James Li: Good morning. Good morning. Thank you. You won't look at it.
Sam Walker: You won't look at it. You won't look at it. . . . . . It's going to take a while. It's going to take a while. The next question is from James.
Matt Carter: From Jefferies, please unmute your line and ask your question. To unmute your line on telephone, please press star six. To unmute your line on telephone, please press star six.
Brian Thompson: Hi, good morning, it's Brian. Hi, good morning, it's Brian. Hi, good morning, it's Brian. Hi, good morning, it's Brian. Please go ahead. He's gone.
Jason Roberts: He's gone.
Sam Walker: Yeah, we can have you. Yeah, we can have you. Yeah, we can have you. Thank you. Thank you.
Mike Davis: Thank you.
Sam Walker: Thank you. Thank you. Thank you. Thank you for watching.
Mike Davis: Thank you.
Sam Walker: It depends on... It depends on... It depends on... It depends on... Thank you. Thank you.
Sophie Wilson: Thank you.
Emily Davis: Thank you for watching!
John Duke: Thank you for watching.
Jessica Brown: Yeah, thank you. Thank you very much.
Sam Walker: ... ... ... ... ... ... Thank you. Thank you.
Mike Davis: but thank you um
Ahmed Khan: .
Sam Walker: . . . . . . . . . Thank you. Thank you. Thank you. Thank you.
Priya Desai: . . . .
Sam Walker: Yeah, I think so. Thank you. Thank you. . . . . Thank you.
James Li: Thank you.
Sam Walker: . . . . . Thank you. we've done it we've done it Thank you. . . . . . Thank you.
Operator: Thank you. . . . . . Thank you.
Sam Walker: Thank you. The American Heart Association is proud to be a founding member of the American Heart Association. The American Heart Association is proud to be a founding member of the American Heart Association. Thank you. Thank you. Thank you. Thank you. . . . . . . . . . I'm sorry. Thank you.
James Li: Thank you. Yeah.
Sam Walker: Yeah. Yeah. . . . . Thank you. Thank you. Thank you.
James Li: Thank you.
John Duke: Thank you.
Sam Walker: Thank you. . . . . . .
Sarah Martinez: Thank you. Thank you. Thank you. Thanks, Sam.
David Kim: Thanks, Sam. Thanks, Sam. Thanks, Sam.
Sam Walker: Thank you. Thank you. Thank you. Thank you. um um We don't see um
Jessica Brown: Thank you. Thank you.
Ahmed Khan: Thank you.
Sam Walker: I know what you're trying to hear. I know what you're trying to hear. I know what you're trying to hear. Thank you. Thank you.
Jessica Brown: Hey, good morning guys, great morning.
James Li: Hey, good morning guys, great morning. Hey, good morning guys, great morning. Hey, good morning guys, great morning. Hey, good morning guys, great morning. Hey, good morning guys, great morning. Hey, good morning guys, great morning. Hey, good morning guys, great morning.
Sam Walker: Our guidance, our guidance, our guidance, our guidance, our guidance. Thank you. Thank you. Thank you. Thank you very much.
Matt Carter: We'll take our next question.
Operator: Thank you.
Mike Davis: Get these guys.
James Li: Get these guys.
Sam Walker: I think you're smart. I think you're smart. I think you're smart. Thank you. It's not your life. It's not your life. It's not your life. It's not your life. It's not your life. It's not your life. Thank you.
Jason Roberts: are pounds of that time and that's what is allowing us
Sam Walker: ... ... ... ... ... ... ... Thank you.
Michael Lee: Okay. That's what I do. That's what I do. That's what I do.
Sam Walker: Thank you. Thank you.
Jason Roberts: Thank you.
Sam Walker: um there
Michael Lee: There's. There's. There's. There's. There. so we can where things so we can Thank you. You really discuss. Mark. Mark. Mark. Mark. Mark. Thank you.
Sam Walker: um Thank you. And. um
Michael Lee: And I'm probably sitting here and I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. Yeah. That's Yes. Yes. I'm excited. I'm excited. It's a need. Look. I mean. I saw it. It's. I saw it. I didn't. but we're looking at looking at looking at looking at looking at Where are we? Yes. Yes. Thank you.
Sam Walker: I'm excited about it.
Mike Davis: Thank you.
Sam Walker: Thank you. .
Michael Lee: . . Yeah. Yeah. Yeah. Yeah. Depending on the client, you know, ... ... ... ... ... ... is on the other side. Depending on your connection, Clients. Clients. Client.
Sam Walker: How much? Thank you. Thank you.
Michael Lee: I don't know. It's not. Well, and. Is. How. It is. You. I can't. And I don't... That's... Issue. Issue. you're going to be very Does not. That you'll see. Difficult. Issue. That. And Mark is coming in. . . . . .
Sam Walker: . Thank you. This is slower.
Michael Lee: There's. Chuck. I. We're. Not. Slow. Next. Nice. Slow. It's. We're. We're. I'll go. Team up. It's just – I think it was – There it is. that you know that ... ... ... ... ... Thank you.
Sam Walker: Thank you. Thank you. Thank you. Thank you.
Michael Lee: Quant. Go on. Also, Thank you. Thank you. Thank you. Just. Thank you. Thank you.
Emily Lee: We appreciate your questions.
Brian Thompson: Thank you.
David Kim: We want to thank the men and women in the field.
Sam Walker: We want to thank the men and women in the field. They make these numbers. They are the ones that deserve credit. We'd also like to thank you all for participating in the conference call. We appreciate your questions and your ongoing interest in quantum services. Thank you. This concludes our call.
