Mastec Inc is a diversified infrastructure engineering and construction company that specializes in providing services related to the development of telecommunications, energy, and utility infrastructure
The company engages in the planning, building, and maintaining of critical infrastructure systems, including networks for telecommunications, natural gas, and electric utilities. With a strong emphasis on innovation and technology, Mastec also focuses on renewable energy projects, assisting in the transition towards more sustainable energy solutions. Its operations encompass a wide range of services, from heavy civil construction to operational support, making it a key player in the infrastructure sector.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at AECOM (NYSEACM) and its peers.
The stock market soared to new highs in 2024, extending an impressive run that began roughly two years ago. The bullish winds appear ready to remain at the market’s sails in 2025. Here is a look at some stocks that may be worth consideration in 2025.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the engineering and design services stocks, including Dycom (NYSEDY) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at MasTec (NYSEMTZ) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and engineering industry, including Ameresco (NYSEAMRC) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Sterling (NASDAQSTRL) and its peers.
MasTec’s 29.7% return over the past six months has outpaced the S&P 500 by 16.7%, and its stock price has climbed to $143 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Let’s dig into the relative performance of EMCOR (NYSEEME) and its peers as we unravel the now-completed Q3 engineering and design services earnings season.
Civil infrastructure construction company Sterling Infrastructure (NASDAQSTRL) will be reporting results tomorrow after market hours. Here’s what to expect.
Infrastructure construction company MasTec (NYSEMTZ) fell short of the market’s revenue expectations in Q3 CY2024, with sales flat year on year at $3.25 billion. On the other hand, the company expects next quarter’s revenue to be around $3.33 billion, close to analysts’ estimates. Its non-GAAP profit of $1.63 per share was 32.3% above analysts’ consensus estimates.
MasTec raised its FY2024 adjusted EPS guidance, with 18-month backlog at $13.9B, adjusted EBITDA of $305.9M, and Adj. EPS of $1.63 beating consensus. Q4 adjusted EPS guidance of $1.29 and sales of $3.325B.
