Quanta Services' (PWR) CEO Duke Austin on Q1 2022 Results - Earnings Call Transcript

Quanta Services, Inc. (NYSE:PWR) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET

Company Participants

Kip Rupp – President, Investor Relations

Duke Austin – President and Chief Executive Officer

Derrick Jensen – Chief Financial Officer

Conference Call Participants

Ian MacPherson – Piper Sandler

Sean Eastman – KeyBanc Capital Markets

Andy Kaplowitz – Citigroup

Adam Thalhimer – Thompson, Davis

Michael Dudas – Vertical Research

Brent Thielman – D.A. Davidson

Alex Rigel – B. Riley

Jamie Cook – Credit Suisse

Neil Mehta – Goldman Sachs

Noelle Dilts – Stifel

Justin Hauke – Baird

Steven Fisher – UBS

Chad Dillard – Bernstein

Operator

Good day, ladies and gentlemen, and welcome to the Quanta Services First Quarter 2022 Earnings Conference Call. All lines have been placed on a listen-only mode and the floor will be opened for questions and comments following the presentation. [Operator Instructions]

At this time, it is my pleasure to turn the floor over to your host, Kip Rupp, President, Investor Relations. Thank you. One moment.

Kip Rupp

Thank you, and welcome, everyone, to the Quanta Services first quarter 2022 earnings conference call. This morning we issued a press release announcing our first quarter 2022 results, which can be found in the Investor Relations section of our website at quantaservices.com, along with a summary of our 2022 outlook and commentary we’ll be discussing this morning. Additionally, we will use a slide presentation to accompany our prepared remarks, which is viewable through the call’s webcast and is also available on the Investor Relations section of the Quanta Services website.

Please remember that information reported on this call speaks only as of today, May 5, 2022, and therefore, you’re advised that any time-sensitive information may no longer be accurate as of any replay of this call. This call will include forward-looking statements intended to qualify under the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These include all statements reflecting Quanta’s expectations, intentions, assumptions or beliefs about future events or performance that do not solely relate to historical or current facts.

Forward-looking statements involve certain risks, uncertainties and assumptions that are difficult to predict or beyond Quanta’s control and actual results may differ materially from those expressed or implied. For additional information concerning some of these risks, uncertainties and assumptions, please refer to the cautionary language included in today’s press release, along with the company’s periodic reports and other documents filed with the Securities and Exchange Commission, which are available on Quanta’s or the SEC’s website.