MasTec Stock Price, News & Analysis

MasTec announced its participation in the Baird Global Industrial Virtual Investor Conference on November 10, 2021, at 10:15 a.m. ET. The company's senior management will present, and there will be opportunities for virtual one-on-one meetings with institutional investors. Interested parties can access the presentation materials via the Company’s website, where a replay will be available for 30 days. MasTec is recognized for its infrastructure construction capabilities across various sectors in North America.

MasTec, Inc. (NYSE: MTZ) reported record third quarter 2021 revenue of $2.4 billion, a 42% increase year-over-year. GAAP net income reached $112.5 million, or $1.50 per diluted share, beating expectations by $0.13. Adjusted net income and diluted EPS were $135.6 million and $1.81, respectively. The company announced a backlog of $8.5 billion, up $821 million from last year, while also reducing net debt by $80 million. Updated guidance projects 2021 revenue at approximately $8 billion and diluted EPS at $4.46. A conference call will be held on November 5, 2021.

MasTec, Inc. (NYSE: MTZ) will disclose its third-quarter operational results for the period ending September 30, 2021, on November 4, 2021, post-market close. A subsequent conference call is scheduled for November 5, 2021, at 9:00 a.m. Eastern time, to discuss these results. The call can be accessed via phone or live streamed through MasTec's investor relations website. MasTec specializes in infrastructure construction across North America, focusing on energy, communications, and utility sectors.

MasTec, Inc. (NYSE: MTZ) announced that its senior management will present at two virtual conferences: the Morgan Stanley Laguna Conference on September 14, 2021, at 3:45 p.m. ET and the D.A. Davidson Conference on September 22, 2021, at 2:00 p.m. ET. The presentations will be accessible via the 'Investors' section on the company’s website, with replays available for about 30 days. MasTec is a leading infrastructure construction firm in North America, specializing in various industries including communications, energy, and utilities.

MasTec, Inc. (MTZ) reported strong second quarter 2021 results, with revenues of $2.0 billion, a 25% increase year-over-year. GAAP net income rose 33% to $75.8 million, or $1.02 per diluted share. The company also recorded an adjusted EBITDA of $230 million, representing 11.7% of revenue. Total backlog reached a record $9.2 billion, marking significant growth. For 2021, MasTec raised its revenue guidance to approximately $8.1 billion and anticipates adjusted EBITDA of $930 million.

MasTec, Inc. (NYSE: MTZ) will release its second-quarter earnings report for the period ending June 30, 2021, on August 5, 2021, after market hours. A conference call to discuss these results will take place on August 6, 2021, at 9:00 a.m. Eastern time. MasTec is a leading infrastructure construction firm, focusing on engineering and building across various sectors, including communications and energy. Investors can access the call live or via replay through the company's investor relations website.

MasTec, Inc. (NYSE: MTZ) announced that its senior management will present at three upcoming conferences: KeyBanc Industrials & Basic Materials Conference on June 3 at 11:20 a.m. ET, Stifel Cross Sector Insight Conference on June 8 at 10:00 a.m. ET, and Baird Global Consumer, Technology & Services Conference on June 9 at 9:40 a.m. ET. All presentations will be fireside chats, with virtual one-on-one meetings available for institutional investors. Interested parties can access presentation materials on MasTec's website, where replays will be available for about 30 days.

MasTec, Inc. (MTZ) announced that its senior management will present at the Barclays Americas Select Franchise Virtual Investor Conference on May 18, 2021, at 12:00 p.m. ET. Virtual one-on-one meetings with institutional investors are also being organized. Investors can access the audio and presentation materials on the MasTec website. The presentation will be available for replay for 30 days. MasTec is a leading infrastructure construction company operating mainly in North America, focusing on communications, energy, and utility infrastructure.

MasTec, Inc. (NYSE: MTZ) reported record first quarter 2021 results, with revenue of $1.8 billion, a 25% increase from last year. Cash flow from operations grew 27% to $257 million, while GAAP net income reached $66.1 million, or $0.89 per diluted share. The company raised its full-year 2021 revenue guidance to approximately $8.2 billion, reflecting a $400 million increase. The adjusted diluted earnings per share is expected to hit $5.40. MasTec attributes growth to its recent INTREN acquisition, bolstering its Electrical Transmission segment, expected to reach $1.2 billion in annual revenue.