MasTec's Q3 Earnings Beat Estimates, Backlog Rise, 24 View Up
MTZMasTec(MTZ) ZACKS·2024-11-02 00:10

MasTec, Inc. (MTZ) reported stellar earnings for third-quarter 2024, which handily surpassed the Zacks Consensus Estimate and increased strongly on a year-over-year basis.See the Zacks Earnings Calendar to stay ahead of market-making news.However, revenues missed the analysts’ expectations and slightly declined on a year-over-year basis. MTZ posted nearly 6% lower revenues from its previously provided guidance of $3.45 billion due to near-term project delays.MasTec’s shares spiked 7.2% in the after-hours tr ...