Movement Alert｜Quanta Intraday Rise 4.14% in Regular Trading, Q3 Earnings Beat and 2026 Guidance Raised

Market Focus10-29 21:42

On October 29, Quanta recorded an Intraday Rise of 4.14% in Regular Trading, trading at $630.07 per share with turnover of $156 million.

The move was supported by an earnings-driven catalyst: the company reported third-quarter adjusted EPS of $6.06, up from $3.33 a year earlier and above the $5.02 consensus estimate, while revenue rose to $12.02 billion from $7.63 billion and exceeded the $11.03 billion expectation.

Quanta also raised its 2026 outlook, guiding adjusted EPS to $17.90-$18.30 versus prior guidance of $16.45-$16.95, and revenue to $41.3-$41.6 billion versus the previous $39.3-$39.7 billion. The updated EPS range is also above the $16.75 analyst consensus, reinforcing the market view that demand across its infrastructure end markets remains strong.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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