MasTec MTZ reported its Q1 earnings results on Thursday, May 4, 2023 at 04:38 PM.
Here's what investors need to know about the announcement.
Earnings
MasTec beat estimated earnings by 5.26%, reporting an EPS of $-0.54 versus an estimate of $-0.57.
Revenue was up $631.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.27% increase in the share price the next day.
Here's a look at MasTec's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.98 | 1.27 | 0.73 | -0.11 |
EPS Actual | 1.03 | 1.34 | 0.73 | -0.03 |
Revenue Estimate | 2.91B | 2.55B | 2.25B | 1.79B |
Revenue Actual | 3.01B | 2.51B | 2.30B | 1.95B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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