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

MasTec

29/10/2026 23:13

MasTec Inc MTZ.N reported quarterly adjusted earnings of $2.96​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.48.  The mean expectation of twenty one analysts for the quarter was for earnings of $2.95 per share. Wall Street expected results to range from $2.84  to $3.04 per share.
Revenue rose 29.9% to $5.15 billion from a year ago; analysts expected $4.94 billion. 
MasTec Inc's reported EPS for the quarter was $1.89​.
The company reported quarterly net income of $150.57 million.
MasTec Inc shares had fallen by 15.3% this quarter and lost 16.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​ 
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "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 $348.00, about 48.9% above its last closing price of $177.82
This summary was machine generated from LSEG data October 29 at 11:13 p.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
Sep. 30 2026 
2.95
2.96
Beat
Jun. 30 2026 
2.22
2.22
Met
Mar. 31 2026 
0.99
1.39
Beat
Dec. 31 2025 
1.95
2.07
Beat