MasTec Sees FY24 Adj. EPS $2.95 Vs $2.69 Est.
Portfolio Pulse from Benzinga Newsdesk
MasTec, Inc. (MTZ) has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be $2.95, surpassing the estimated $2.69. This forecast indicates a positive outlook for the company's financial performance.
May 02, 2024 | 9:48 pm
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MasTec projects its FY24 adjusted EPS to be $2.95, exceeding the $2.69 estimate, signaling strong future financial health.
MasTec's projection of a higher-than-expected adjusted EPS for FY24 suggests the company is anticipating stronger financial performance than analysts estimated. This positive outlook is likely to instill investor confidence, potentially leading to an increase in stock price in the short term.
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