For the quarter ended June 2024, MasTec (MTZ) reported revenue of $2.96 billion, up 3% over the same period last year. EPS came in at $0.96, compared to $0.89 in the year-ago quarter. The reported revenue represents a surprise of -4.19% over the Zacks Consensus Estimate of $3.09 billion. With the consensus EPS estimate being $0.88, the EPS surprise was +9.09%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

MasTec (MTZ) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this utility contractor would post a loss of $0.47 per share when it actually produced a loss of $0.13, delivering a surprise of 72.34%. Over the last four quarters, the company has ...

财务数据 - 2024年上半年收入为56.48亿美元,同比增长3.5%[9] - 2024年上半年净利润为930万美元,2023年同期为亏损6380万美元[10] - 2024年第二季度收入为29.61亿美元,同比增长3%[9] - 2024年第二季度净利润为3400万美元,2023年同期为1550万美元[10] - 公司上半年净收入为93.09百万美元，同比下降63,792百万美元[14] - 公司上半年其他综合收益为107.77百万美元，同比下降61,714百万美元[14] - 公司上半年现金及现金等价物为297,586千美元，较2023年12月31日的529,561千美元下降[17] - 公司上半年合同资产为1,533,543千美元，较2023年12月31日的1,756,381千美元下降[17] - 公司上半年总资产为8,678,986千美元，较2023年12月31日的9,373,511千美元下降[17] - 公司上半年总负债为5,944,879千美元，较2023年12月31日的6,652,250千美元下降[17] - 公司上半年总权益为2,734,107千美元，较2023年12月31日的2,721,261千美元增加[17] - 公司上半年非控制性权益为19,743千美元，较2023年12月31日的15,109千美元增加[17] - 公司上半年资本盈余为1,277,301千美元，较2023年12月31日的1,263,360千美元增加[19] - 公司上半年累计其他综合损失为51,529千美元，较2023年12月31日的52,997千美元减少[19] - 公司报告2024年上半年净亏损719.2万美元[23] - 2024年上半年其他综合收益增加146.8万美元[23] - 2024年上半年非现金股票激励费用为1,669.8万美元[23] - 2024年上半年经营活动产生的现金流入为37,219.9万美元[28] - 2024年上半年投资活动产生的现金流出为2,447.0万美元[28] - 2024年上半年筹资活动产生的现金流出为57,907.8万美元[28] - 2024年6月30日现金及现金等价物余额为29,758.6万美元[28] - 2023年上半年净亏损6,379.2万美元[25] - 2023年上半年其他综合收益增加207.8万美元[25] - 2023年上半年非现金股票激励费用为1,709.0万美元[25] 收入确认 - 公司主要从事建筑项目,包括主服务协议和特定项目合同,收入主要通过时间推移确认[35] - 公司合并财务报表包括子公司和控股公司,采用权益法核算对其有重大影响但不控制的投资[33] - 公司外币业务采用当期平均汇率折算收入和费用,资产负债表项目采用期末汇率折算,折算差额计入其他综合收益[34] - 公司合同交易价格包括可变对价,如变更令、索赔和奖励,管理层根据可获得的信息对其进行估计[36] - 公司2024年6月30日剩余履约义务为93亿美元,预计2024年可确认45%[36] - 公司2024年6月30日和2023年12月31日合同交易价格分别包括1.75亿美元和1.94亿美元的变更令和/或索赔[36] 资产情况 - 公司2024年6月30日商誉净额为21.26亿美元,主要分布在通信、基础设施和油气等业务[42,43] - 公司2024年6月30日其他无形资产净值为7.17亿美元[46] - 公司2024年6月30日收购相关或有对价负债为7.11亿美元[51] - 公司2024年6月30日对Waha JVs的投资账面价值为2.82亿美元[52] - 公司2024年6月30日其他权益投资账面价值为3.28亿美元[52] - 公司2024年6月30日合并的可变利益实体资产和负债分别为1570万美元和1380万美元[53] - 公司2024年6月30日的合同资产(未开票应收款和质保金)为15.34亿美元[56] - 公司2024年6月30日的合同负债(主要为递延收入)为6.21亿美元[58] 债务情况 - 公司于2024年6月10日完成了5.900%优先票据的5.5亿美元发行[60] - 公司利用5.900%优先票据的部分发行所得偿还了4亿美元的3年期定期贷款[61] - 公司于2024年6月完成了对6.625%优先票据的部分回购和剩余部分的赎回[61] - 公司于2024年6月30日的总债务余额为25.78亿美元，其中包括3.6亿美元的循环贷款和3.37亿美元的定期贷款[59] - 公司于2024年6月30日的可用循环贷款额度为14.74亿美元[62] - 公司截至2024年6月30日的五年期无担保贷款余额为2.925亿美元，原始本金总额为3亿美元[64] - 公司于2024年6月30日和2023年12月31日均符合其未偿债务工具的条款和契约[65] - 截至2024年6月30日和2023年12月31日，应付利息总计分别为2200万美元和2410万美元[66] 股权激励 - 截至2024年6月30日，公司有约444.1万股可用于未来授予[69] - 2024年上半年公司股票激励相关的非现金费用为1670万美元[70] - 截至2024年6月30日，公司未赚取的限制性股票相关薪酬为5270万美元，预计将在约2年内确认[71] - 2024年上半年公司员工股票购买计划共购买54,858股，费用为80万美元[74] - 截至2024年6月30日，公司股票回购计划尚有7730万美元可用于未来回购[75] 税务情况 - 2024年上半年公司综合税率为47.0%[77]

Record Second Quarter 2024 Revenue of $3.0 Billion Second Quarter 2024 Diluted Earnings Per Share of $0.43 and Adjusted Diluted Earnings Per Share of $0.96, $0.08 Above Expectations Second Quarter 2024 GAAP Net Income of $43.8 Million and Adjusted EBITDA of $267.8 Million, $7.8 Million Above Expectations 18-month Backlog as of June 30, 2024 of $13.3 Billion Increased $501 Million Sequentially from the First Quarter of 2024 and Represents Record Levels for the Clean Energy and Infrastructure, Power Delivery ...

In its upcoming report, MasTec (MTZ) is predicted by Wall Street analysts to post quarterly earnings of $0.88 per share, reflecting a decline of 1.1% compared to the same period last year. Revenues are forecasted to be $3.09 billion, representing a year-over-year increase of 7.5%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period ...

CORAL GABLES, Fla., July 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2024, after the market closes on Thursday, August 1, 2024. Senior Management will also hold a conference call to discuss these results on Friday, August 2, 2024, at 9:00 a.m. Eastern time.  The call-in number for the live conference call is (856) 344-9221 or (888) 204-4368, with a confirmation code of 3980141. Additionally, the call will be broa ...

xijian Investment Thesis MasTec, Inc. (NYSE:MTZ) has good growth prospects ahead, driven by secular and regulatory tailwinds across its end markets. In the communications segment, revenue growth should benefit from the ongoing expansion of 5G infrastructure and federal funding under the BEAD and RDOF programs. Further, megatrends like sustainability and clean energy transition, supported by federal incentives like the Inflation Reduction Act, should drive revenue growth in the clean energy and infrastru ...

CORAL GABLES, Fla., June 20, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") announced that IEA Energy Services LLC, a wholly owned subsidiary of MasTec ("IEA"), has received valid consents from holders (the "Holders") of not less than a majority in principal amount of IEA's 6.625% Senior Notes due 2029 (the "IEA Notes") sufficient to adopt the Proposed Amendments (as defined herein) with respect to the IEA Notes Indenture (as defined herein) pursuant to the previously announced cash tender offer f ...

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CORAL GABLES, Fla., June 5, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced the pricing of its public offering of $550,000,000 aggregate principal amount of senior notes due 2029. The notes will pay interest semi-annually at a rate of 5.900% and will mature on June 15, 2029. The notes were priced at 99.956%.The notes will be MasTec's senior unsecured obligations and will rank equal in right of payment with all existing and future senior unsecured indebtedness of MasTec, and senior i ...