Brief: Mastec Announces Third Quarter 2022 Financial Results

MasTec

03/11/2022 20:50

Nov 3 (Reuters) - Mastec Inc  MTZ.N :
    * MASTEC ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS WITH
RECORD BACKLOG AND UPDATED ANNUAL 2022 GUIDANCE
    * Q3 GAAP EARNINGS PER SHARE $0.65
    * SEES Q4 REVENUE ABOUT $2.9 BILLION
    * Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.34
    * Q3 2022 REVENUE INCREASED TO $2.5 BILLION WITH A 38% YEAR
OVER
YEAR INCREASE IN NON-OIL & GAS SEGMENT REVENUE
    * Q3 EARNINGS PER SHARE VIEW $1.27, REVENUE VIEW $2.55
BILLION --
REFINITIV IBES DATA
    * ANNUAL 2022 GUIDANCE UPDATED TO $9.7 BILLION IN REVENUE,
GAAP
NET INCOME OF $50 MILLION, ADJUSTED EBITDA OF $780 MILLION AND
ADJUSTED DILUTED EPS OF $3.02
    * FY2022 EARNINGS PER SHARE VIEW $3.08, REVENUE VIEW $9.32
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn1Shtm0a 
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