MasTec Inc reports results for the quarter ended December 31 - Earnings Summary

MasTec

28/02/2025 24:06

MasTec Inc MTZ.N reported quarterly adjusted earnings of $1.44​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 66 cents.  The mean expectation of thirteen analysts for the quarter was for earnings of $1.23 per share. Wall Street expected results to range from 96 cents to $1.29 per share.

Revenue rose 3.8% to $3.40 billion from a year ago; analysts expected $3.32 billion.

MasTec Inc's reported EPS for the quarter was 95 cents​.

The company reported quarterly net income of $74.74 million.

MasTec Inc shares had fallen by 2.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for MasTec Inc is $165.00

This summary was machine generated from LSEG data February 28 at 12:06 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
1.23
1.44
Beat
Sep. 30 2024
1.23
1.63
Beat
Jun. 30 2024
0.87
0.96
Beat
Mar. 31 2024
-0.48
-0.13
Beat