MasTec Announces Strong Third Quarter 2020 Earnings Results

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MasTec (MTZ) Tops Q3 EPS by 15c, Q4 Guidance Misses

October 29, 2020 5:03 PM EDT

MasTec (NYSE: MTZ) reported Q3 EPS of $1.83, $0.15 better than the analyst estimate of $1.68. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.92 billion.

GUIDANCE:

MasTec sees Q4 2020 EPS of $1.64-$1.73, versus the consensus of $1.72. MasTec sees Q4... More