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MasTec Q3 2023 Earnings Report

MasTec logo
$136.56 +4.49 (+3.40%)
(As of 12/20/2024 05:31 PM ET)

MasTec EPS Results

Actual EPS
$0.88
Consensus EPS
$1.84
Beat/Miss
Missed by -$0.96
One Year Ago EPS
N/A

MasTec Revenue Results

Actual Revenue
$3.26 billion
Expected Revenue
$3.83 billion
Beat/Miss
Missed by -$574.67 million
YoY Revenue Growth
N/A

MasTec Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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MasTec Earnings Headlines

Peering Into MasTec's Recent Short Interest
MasTec price target raised to $189 from $173 at Truist
Did You See Trump’s Bombshell Exec. Order 001?
Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."
MasTec (MTZ) Receives a New Rating from a Top Analyst
See More MasTec Headlines
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About MasTec

MasTec (NYSE:MTZ), an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company build infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and civil and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

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