What do PWR's past EPS trends indicate?

Quanta Services' (PWR) past EPS trends demonstrate a general upward trajectory with some fluctuations. Here's a detailed analysis:

1. Growth Trend: The EPS for PWR has increased from $3.07 in 2020 to $6.03 in 2024. This indicates a general upward trend in profitability over the past five years.

2. Yearly Variations: There are variations in EPS within individual years. For instance, EPS decreased from $3.34 in 2021 to $3.07 in 2020, but then increased to $5 in 2023 and $6.03 in 2024.
3. Recent Performance: The most recent data shows an adjusted EPS of $2.94 in Q4 2024, which surpassed analysts' expectations. This suggests that the company's performance is currently strong, despite a slight dip in stock price.
4. Analyst Expectations: Analysts expect Quanta Services to post earnings of $1.72 per share in the upcoming report, marking a 21.99% year-over-year growth. This indicates that analysts are optimistic about the company's future earnings potential.
5. Price Target and Rating: Analysts have set a price target of $350 to $368, with a Buy rating, suggesting confidence in the company's future performance.

In conclusion, PWR's past EPS trends indicate a company that is growing steadily, with recent performance exceeding expectations. Analysts are optimistic about the company's future, supported by the projected EPS growth and positive revenue forecasts.