Quanta Services (PWR) reported Q1 adjusted earnings Thursday of $1.78 per diluted share, compared with $1.41 a year earlier.

Analysts surveyed by FactSet expected $1.67.

Revenue for the quarter ended March 31 was $6.23 billion, compared with $5.03 billion a year earlier.

Analysts surveyed by FactSet expected $5.86 billion.

The company said it raised the midpoint of its full-year 2025 adjusted EPS and revenue guidance, and now expects adjusted diluted EPS of $10.05 to $10.65 on revenue of $26.7 billion to $27.2 billion, compared with previous forecasts for $9.90 to $10.50 in adjusted EPS and $26.6 billion to $27.1 billion in revenue. Analysts surveyed by FactSet expect $10.16 and $26.88 billion respectively.

Shares of Quanta Services were up 5.6% in recent premarket activity.