MasTec Inc expected to post earnings of 98  cents a share - Earnings Preview

MasTec

22/02/2023 03:05

* MasTec Inc  MTZ.N   MTZ  is expected to show a rise in
quarterly
revenue when it reports  results on February 23. 
    * The Coral Gables Florida-based  company is expected to
report  a
60.9% increase in revenue to $2.911 billion from $1.81 billion a
year ago, according to the mean estimate from 11 analysts, based
on Refinitiv data. The company's guidance on November 4 2022,
for the period ended December 31, was for revenue of $2.900
billion.
    * ​Refinitiv's mean analyst estimate for MasTec Inc is for
earnings of 98 cents per share. The company's EPS guidance on
November 4 2022, for the period ended December 31, was about
USD1
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MasTec Inc
is
$111.5​, above​ its last closing price of $92.95. ​​​

The company's guidance on November 4 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD257 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.26        1.27       1.34      Beat    5.7
 Jun. 30 2022  0.72        0.72       0.73      Beat    1.8
 Mar. 31 2022  -0.12       -0.11      -0.03     Beat    72.2​
 Dec. 31 2021  1.29        1.29       1.35      Beat    4.4
 ​​Sep.        1.70        1.69       1.81      Beat    6.8
 30 2021                                                
 Jun. 30 2021  1.25        1.24       1.30      Beat    5.2​
 Mar. 31 2021  0.79        0.77       1.10      Beat    42.3
 Dec. 31 2020  1.67        1.67       1.75      Beat    4.6
 This summary was machine generated February 22 at 03:05 GMT. 
All figures in US dollars  unless otherwise stated