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0 0.000943645491261843 0.00324614048994079 0.00309515721133882 0.00026422073755329 -0.00588834786547391 -0.0122107726569283 -0.0214343411467181
Stock impact report

Why MasTec Stock Is Up Today [Yahoo! Finance]

MasTec, Inc. (MTZ) 
Last mastec, inc. earnings: 4/30 05:06 pm Check Earnings Report
US:NYSE Investor Relations: mastec.com/en/investors
Company Research Source: Yahoo! Finance
MasTec is a construction and engineering company focused on large infrastructure projects. The company earned $1.63 per share in the third quarter on revenue of $3.3 billion, compared to Wall Street's $1.23 per share on sales of $3.4 billion estimate. Revenue was flat year over year, but declines in overhead and interest expense and depreciation helped to boost profitability. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The company ended the quarter with a backlog of $13.9 billion in future business, up $1.4 billion from a year ago. "I am pleased with our margin expansion that exceeded our guidance and which drove excellent bottom-line performance," CEO Jose Mas said. "Once again, our record backlog and bookings in multiple segments illustrate the strength of our diversified business model and provide good visibility to the work that will drive MasTec's performance in 2025 and beyond." The company expects fourth-q Show less Read more
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