Full-Year 2026 Guidance Reflects Double-Digit Growth in Revenues, Net Income and Adjusted EBITDA Full-Year 2026 Guidance Range Reflects…...

Quanta Services has acquired Davenport-based Tri-City Group, a family of contractors and engineering companies specialising in electrical construction, technology solutions and industrial services. The acquisition was completed in the fourth quarter of 2025. Tri-City Group will retain its name, brand and leadership team, including the Palmer Family. The company, which has operated since 1895, employs over 2,800 people and has completed projects in 46 states, two US territories and six countries. Houston-based Quanta Services, which employs approximately 69,000 people, is a specialised contracting company providing integrated engineering, procurement, construction and maintenance services for electric power, renewable energy and underground utility infrastructure. The acquisition strengthens Quanta's electrical infrastructure services capabilities across key US regions.

Quanta, a construction engineering services company providing infrastructure solutions, stands out as a compelling cash-producing investment, according to StockStory analysis. The company demonstrates strong fundamentals with an 18% average growth in its sales pipeline over the past two years and projected revenue growth of 17.6% over the next 12 months. Quanta's earnings per share have surged 22.4% annually over the past two years, significantly outperforming peers. Its trailing 12-month free cash flow margin sits at 5.9%. Conversely, StockStory advises against Monro and Churchill Downs. Monro faces declining same-store sales and store closures, whilst Churchill Downs has posted modest 9% annual revenue growth, lagging behind consumer discretionary peers. Both companies struggle with effective capital allocation despite generating cash.