Quanta Services

(PWR) - Get Report

, a specialty contracting services provider, reaffirmed its first-quarter earnings guidance of 3 cents a share on revenue of $460 million. Analysts surveyed by Thomson First Call were expecting earnings of 3 cents a share on revenue of $440.3 million for the first quarter.

The Houston-based company expects to meet or exceed the high end of its previously announced guidance and expects to announce its first-quarter result on or about May 4.

"Our year is off to a strong start. An initial review of our first quarter performance indicates that we will meet or exceed the upper end of our guidance for the quarter, including internal growth of more than 20 percent. Our strong financial position and existing national labor force enable us to effectively respond to the increased need for infrastructure services," the company said. "We expect to see continued improvements in earnings as we progress through 2006."

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