MasTec

MasTec, Inc. engages in the provision of infrastructure construction services. It operates through the following segments: Communications, Oil and Gas, Clean Energy and Infrastructure, and Other. The Communications segment performs engineering, construction, maintenance, and customer fulfillment activities related to communications infrastructure, primarily for wireless and wireline/fiber communications, and install-to-the-home customers. The Oil and Gas segment offers services on oil and natural gas pipelines and processing facilities for the energy and utilities industries. The Clean Energy and Infrastructure segment serves energy, utility and other end-markets through the installation and construction of power generation facilities, including from clean energy and renewable sources such as wind, solar and biomass, as well as various types of heavy civil and industrial infrastructure. The Other segment consists of equity investors, other small business units that perform construction, and other services for a variety of international end-markets. The company was founded by Jorge Mas Canosa on July 26, 1968, and is headquartered in Coral Gables, FL.

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MasTec reports strong Q4 earnings, eyes growth in Clean Energy

MasTec's Q4 2022 showcased robust financial performance and strategic focus on non-Oil and Gas segments for future growth.
While facing challenges in Q1 2023, MasTec's investments in key segments and strong backlog position it well for '24 and '25.
Opportunities lie in Clean Energy, Power Delivery, and Communications sectors, with expectations of margin improvements and revenue growth.
Guidance for 2023 indicates a positive outlook with revenue projected at $13 billion and a focus on diversification and operational efficiency.

MasTec reports strong Q1 performance, eyes margin expansion opportunities

MasTec's Q1 2023 performance showcased strong revenue and backlog growth, with a focus on diversifying away from oil and gas markets.
The company aims to drive long-term shareholder value through margin expansion, operational efficiencies, and improving return on invested capital.
Challenges include negative adjusted EPS, cash flow usage, and high depreciation levels, while opportunities lie in significant industry demand and margin expansion targets.
Overall, MasTec's outlook for 2023 as an earnings transition year sets the stage for improved earnings power and long-term growth through strategic initiatives.

MasTec reports strong Q2 earnings, faces margin challenges ahead

MasTec's Q2 2023 performance showed revenue growth and margin improvement, but challenges in meeting revenue expectations and margin pressures persist.
The company is focused on operational efficiency, revenue diversification, and managing growth to capitalize on opportunities in various segments.
Despite margin concerns and revenue challenges, MasTec remains confident in its progress, customer relationships, and future earnings potential.
With a positive outlook for revenue growth, margin enhancement, and operational performance, MasTec is strategically positioned for future success and profitability.

MasTec reports robust Q3 performance, eyes growth amid challenges

MasTec's Q3 2023 showed strong financial performance but faced challenges in various segments impacting revenue estimates.
The company anticipates growth opportunities in Clean Energy, Power Delivery, and Communications segments for 2024.
Addressing tax equity concerns and focusing on margin expansion are key strategies for future success.
Despite challenges, MasTec remains confident in meeting margin targets and capitalizing on market demand in 2024.

MasTec reports strong Q4 earnings, eyes growth in Communications and Clean Energy

MasTec's Q4 2023 earnings call highlighted strong financial performance, challenges in certain segments, and positive outlooks for future growth opportunities. The company is focused on expanding its Communications and Clean Energy segments while navigating challenges in Power Delivery and labor capacity.
With a solid financial foundation and strategic growth initiatives, MasTec aims to capitalize on opportunities in Oil and Gas, Utilities, and Communications sectors. The company's focus on margin improvement and backlog growth positions it well for future success.
Despite challenges faced in 2023, MasTec remains optimistic about its growth prospects, especially in the Oil and Gas pipeline segment and Clean Energy business. By addressing challenges and leveraging opportunities, MasTec aims to drive sustainable growth and profitability.

MasTec reports strong Q1 earnings, raises full-year outlook significantly

MasTec is focused on scaling vertical offerings for revenue growth and margin improvement. The full-year outlook has been raised, with revenue expected to reach $12.55 billion and adjusted EPS of $2.95, a 50% improvement versus 2023.

MasTec reports robust Q2 earnings, eyes growth amid sector challenges

MasTec delivered strong financial results in Q2 2024, driven by robust performance in key segments and strategic project wins.
Despite challenges in the Power Delivery segment, the company remains optimistic about long-term growth prospects.
With a solid backlog, margin outperformance, and favorable market conditions, MasTec is poised for continued success and expansion.

MasTec reports strong Q3 performance, eyes margin improvement

MasTec's Q3 2024 results reflect a robust performance with record revenues and a positive outlook for margin improvement and value creation.
The company's strategic investments post-pandemic have positioned it for growth, supported by strong demand across all segments.
While challenges in sustaining growth persist, MasTec's focus on diversification, margin enhancement, and revenue growth presents opportunities for continued success.

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MasTec (MTZ) delivered earnings and revenue surprises of 7.10% and 5.22%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

MasTec (MTZ) Tops Q3 Earnings and Revenue Estimates

CORAL GABLES, Fla., Nov. 4, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced third quarter 2021 financial results and updated its guidance for the remainder of 2021.

MasTec Announces Strong Third Quarter 2021 Earnings Results and Updates Annual Guidance

CORAL GABLES, Fla., Oct. 25, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2021 after the market closes on Thursday, November 4, 2021.

MasTec Schedules Third Quarter 2021 Earnings Release and Conference Call

MasTec's downtrend creates a good entry point. Fair value of around $120 justified.

Why MasTec Is A Great Diversified Company To Buy

Goldman Sachs analyst Neil Mehta initiated MasTec, Inc. (NYSE:MTZ) coverage with a Buy rating and a price target of $120, implying an upside of 32.74%. Mehta says the company is levered to long-term secular growth trends, including the modernization and hardening of America's aging utility infrastructure, the transition toward renewable power generation, and the nationwide buildout of optical fiber and 5G telecommunications infrastructure.

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CORAL GABLES, Fla., Sept. 7, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be presenting at the Morgan Stanley Laguna Virtual Conference on Tuesday, September 14 th at approximately 3:45 p.m.

MasTec Senior Management to Present at the Morgan Stanley and DADCO Virtual Investor Conferences

MasTec (MTZ) gains from the country's clean energy drive and acquisitions. Yet, volatility in the energy market remains a risk.

Focus on Clean Energy Aids MasTec (MTZ) Amid Challenges

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Is (MTZ) Outperforming Other Construction Stocks This Year?

Has MasTec (MTZ) Outpaced Other Construction Stocks This Year?

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MasTec, Inc. (MTZ) CEO Jose Mas on Q2 2021 Results - Earnings Call Transcript

MasTec (MTZ) posts strong Q2 results, which reflect solid end-market opportunities across non Oil & Gas segments.

MasTec (MTZ) Shares Up on Q2 Earnings Beat, View Raised

MasTec (MTZ) delivered earnings and revenue surprises of 4.00% and -6.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

MasTec (MTZ) Q2 Earnings Surpass Estimates

CORAL GABLES, Fla., Aug. 5, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced strong second quarter 2021 financial results and updated its guidance for the remainder of 2021.

MasTec Announces Second Quarter 2021 Results with Record Backlog and Updates Annual Guidance

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MasTec (MTZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for MasTec (MTZ)

MasTec's (MTZ) Q2 results are likely to reflect segmental benefits.

MasTec (MTZ) to Report Q2 Earnings: What's in the Offing?

In the latest trading session, MasTec (MTZ) closed at $99.14, marking a -0.71% move from the previous day.

MasTec (MTZ) Dips More Than Broader Markets: What You Should Know

MasTec (MTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MasTec (MTZ) Earnings Expected to Grow: What to Know Ahead of Q2 Release

CORAL GABLES, Fla., July 22, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2021 after the market closes on Thursday, August 5, 2021.

MasTec Schedules Second Quarter 2021 Earnings Release and Conference Call

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As of Wednesday, GuruFocus' Buffett-Munger strategy has returned approximately 17.69% year to date, outperforming the Standard & Poor's 500 Index benchmark return of 13.97% over the same period. The five top-performing stocks in the portfolio are MasTec Inc. ( MTZ , Financial), Nova Measuring Instruments Ltd.

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