MasTec shares are trading lower after the company reported mixed Q2 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
MasTec reported mixed Q2 financial results and issued guidance, leading to a decrease in its share price.
August 04, 2023 | 3:26 pm
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MasTec's mixed Q2 results and new guidance have resulted in a decrease in its share price.
MasTec's mixed Q2 results indicate that the company did not meet all of its financial targets, which can negatively impact investor sentiment and lead to a decrease in share price. The new guidance may also have been below market expectations, further contributing to the decrease in share price.
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