MasTec (NYSE:MTZ) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:41 PM.
Here's what investors need to know about the announcement.
Earnings
MasTec beat estimated earnings by 50.0%, reporting an EPS of $0.66 versus an estimate of $0.44.
Revenue was up $272.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.89 which was followed by a 18.0% drop in the share price the next day.
Here's a look at MasTec's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 1.84 | 0.85 | -0.57 | 0.98 |
EPS Actual | 0.95 | 0.89 | -0.54 | 1.03 |
Revenue Estimate | 3.76B | 3.00B | 2.37B | 2.91B |
Revenue Actual | 3.26B | 2.87B | 2.58B | 3.01B |
To track all earnings releases for MasTec visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.