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

MasTec

24/02/2023 01:10

* MasTec Inc  MTZ.N  reported quarterly adjusted earnings of
$1.03​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of 98 cents per share.
    * Revenue rose 66.3% to $3.01 billion from a year ago;
analysts
expected $2.91 billion. 
    * MasTec Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MasTec Inc shares had risen by 9.3% this quarter.
    * The company reported quarterly net income of $3.22
million.
    * Wall Street's median 12-month price target for MasTec Inc
is
$111.50 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 01:09 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.98           1.03           Beat
 Sep. 30 2022      1.27           1.34           Beat
 Jun. 30 2022      0.72           0.73           Beat
 Mar. 31 2022      -0.11          -0.03          Beat