What move does the options market price into Quanta Services's report?

Implied ±17.8%, either direction · provisional.

How often does Quanta Services move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

PWRNYSEElectrical Work

Quanta Services, Inc. (PWR) earnings date, market-implied expected move, and options open interest by expiry

621.03

−14.15 · −2.23%

post 621.00 0.00%

Closed19:38 ET

Open624.90Volume1.5MMkt cap$93.5BP/E55.35EPS11.22Div yield0.07%

Day608.35 – 635.3647%52-wk408.15 – 788.4956%

PWR

Quanta Services, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.8%implied · straddle

510.53730.93

spot 620.73exp Feb 19ATM strike 620ATM straddle 129.65IV 48%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 18

before open · in 109 days

est.Q4 FY26

Calendar

Next report

Last report

+4.66%

vs ±10.0% implied · ×0.46

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Linked news

52dCIFR · customerCrypto Mining Stocks Fall Harder Than Bitcoin on a Risk-Off Tape: Cipher Mining Sinks 6%, MARA and Riot Drop 4%

News

Largest filed tie

13F top-10 QoQ

−3.28%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

1,946 managers

Top fund weight

1.88%

PWR weight · XLI

N-PORTJun 30 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Quanta Services (PWR) is expected to report on Feb 18 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±8.0%
avg realized: ±7.6%

Feb 20 '25Feb 20 '25confirmed±6.6%▼−3.74%×0.57

May 1 '25May 1 '25confirmed±7.8%▲+9.99%×1.29

Jul 31 '25Jul 31 '25confirmed±7.0%▼−1.21%×0.17

Oct 30 '25Oct 30 '25confirmed±8.5%▲+1.15%×0.14

Feb 19 '26Feb 19 '26confirmed±5.9%▲+6.68%×1.14

Q1 FY26Apr 30 '26confirmed±8.0%▲+15.78%×1.97

Q2 FY26Jul 30 '26confirmed±10.6%▲+17.26%×1.63

Q3 FY26Oct 29 '26confirmed±10.0%▲+4.66%×0.46

quarterimplied−20%0+20%realized×

Q3 FY26±10.0%▲+4.66%×0.46

Q2 FY26±10.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 5 expiries · Oct 28 close

3.98OI · 5 expiries · Oct 28 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

11,077+2%Nov 2019d2.444,532+2%2.44

6,5410%Dec 1847d1.643,9980%1.64

6,856+3%Jan 1575d1.743,9290%1.74

report · Feb 18 · before open · est.

3,256+2%Feb 19110d8190%

854+10%Mar 19138d0.591,4470%0.59

ExpiryPutsCallsP/C

Nov 2019d11,077+2%4,532+2%2.44

Dec 1847d6,5410%3,9980%1.64

Jan 1575d6,856+3%3,9290%1.74

report · Feb 18 · before open · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.8%

Funds 4

XLI±0.3%

FTC±0.2%

VUG±0.1%

RSP±0.0%

Customers 1

CIFR±23.9%×1.35

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

5.88%as filednet margin · revenue +25.72% QoQ · +57.44% YoY

Revenue

$12.0B+25.72% QoQ

Gross profit

$2.0B+29.97% QoQ

16.71% margin

Operating income

$1.0B+47.74% QoQ

8.54% margin

Pre-tax income

$945M+53.05% QoQ

Net income

$707M+53.82% QoQ

5.88% margin

Cost of revenue

$10.0B+24.90% QoQ

Operating expenses

$982M+15.45% QoQ

SG&A $783M

Other operating $198M

Other expense

$82M

Tax

$238M+50.81% QoQ

Revenue$12.0B+25.72%

Gross profit

$2.0B+29.97%

16.71% margin

Operating income

$1.0B+47.74%

8.54% margin

Pre-tax income

$945M+53.05%

Net income

$707M+53.82%

5.88% margin

Cost of revenue

$10.0B+24.90%

Operating expenses

$982M+15.45%

SG&A $783M

Other operating $198M

Other expense

$82M

Tax$238M+50.81%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:30 ET

Intraday

Event sensitivity

GDP ×1.74· ±2.9% vs ±1.7% · 19 releases

eventrelease day|move|up · n×base

GDPgross domestic product±2.9%10 of 19×1.74

PCEpersonal income & outlays±2.6%9 of 19×1.56

CPIconsumer prices±2.4%8 of 10×1.40

FOMCrate decision±1.8%15 of 24×1.09

NFPjobs report±1.8%6 of 10×1.07

PPIproducer prices±1.4%3 of 10×0.83

CPROFcorporate profits±1.2%6 of 12×0.72

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 4.55 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	4.55	—
Q2 FY26	Jul 30 '26 · confirmed	2.96	—
Q1 FY26	Apr 30 '26 · confirmed	1.45	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod