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What: Quanta Services
So what: Earnings per share of $0.30 were in line with expectations, but the company's fourth-quarter expectation of adjusted earnings per share from $0.23-$0.25 is below the current $0.29 estimate. Quanta is running into regulatory hurdles and low demand for transmission projects as electricity consumption is still below peak levels.
Now what: Quanta and competitor MYR Group
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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