MasTec Inc reports results for the quarter ended June 30 - Earnings Summary

MasTec

31/07/2026 08:42

MasTec Inc MTZ.N reported quarterly adjusted earnings of $2.22​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.49.  The mean expectation of twenty analysts for the quarter was for earnings of $2.23 per share. Wall Street expected results to range from $2.16  to $2.41 per share.
Revenue rose 23.4% to $4.37 billion from a year ago; analysts expected $4.30 billion. 
MasTec Inc's reported EPS for the quarter was $1.65​.
The company reported quarterly net income of $130.12 million.
MasTec Inc shares had fallen by 22.0% this quarter and gained 49.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 1 "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 $500.00, about 35.1% above its last closing price of $324.44
This summary was machine generated from LSEG data July 31 at 07:42 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
Jun. 30 2026 
2.23
2.22
Missed
Mar. 31 2026 
0.99
1.39
Beat
Dec. 31 2025 
1.95
2.07
Beat
Sep. 30 2025 
2.30
2.48
Beat