MasTec (MTZ) Stock Rallies 94% in 6 Months: Here's Why [Yahoo! Finance]
MasTec, Inc. (MTZ)
Last mastec, inc. earnings: 4/30 05:06 pm
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US:NYSE Investor Relations:
mastec.com/en/investors
Company Research
Source: Yahoo! Finance
This infrastructure construction company is banking on increasing demand for power, and data capacity and network speed. Also, MTZ's focus on strategic investments for portfolio diversification positions it well for satiating increased infrastructure demand globally. Moreover, the company is optimistic about its growth opportunities in 2025 and beyond, given the solid pipeline across its businesses and acquisition synergies. Although near-term softness in the Communications and Power Delivery segments is concerning, MasTec expects strong revenue generation across the segments later in 2024. For 2024, it expects consolidated revenues to be $12.55 billion, up from $12 billion in the year-ago period. Adjusted earnings are likely to be $2.95 per share, significantly up from $1.97 reported in 2023. The adjusted EBITDA and adjusted EBITDA margin are expected to be $975 million and 7.8%, up from $860.3 million and 7.2% reported in 2023, respectively. Image Source: Zacks Investment Res
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MTZ
News
- MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent Solicitation [Yahoo! Finance]Yahoo! Finance
- MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent SolicitationPR Newswire
- Why MasTec (MTZ) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Is MasTec Inc (NYSE:MTZ) The Best Infrastructure Stock Pick of Jim Cramer? [Yahoo! Finance]Yahoo! Finance
- Here's Why MasTec (MTZ) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
MTZ
Earnings
- 5/2/24 - Beat
MTZ
Sec Filings
- 6/20/24 - Form 8-K
- 6/10/24 - Form 8-K
- 6/6/24 - Form 8-K
- MTZ's page on the SEC website