MasTec Sees Q4 Adj EPS $1.29 vs $0.94 Est; Sees Sales $3.325B vs $3.32B Est
Portfolio Pulse from Benzinga Newsdesk
MasTec (NYSE:MTZ) has announced its Q4 adjusted EPS forecast of $1.29, surpassing the analyst estimate of $0.94. The company also projects sales of $3.325 billion, slightly above the $3.32 billion estimate.
October 31, 2024 | 8:46 pm
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MasTec's Q4 adjusted EPS forecast of $1.29 exceeds the analyst estimate of $0.94, indicating strong performance. Sales are projected at $3.325 billion, slightly above the $3.32 billion estimate.
The significant beat on EPS suggests strong operational performance, which is likely to positively impact the stock price. The sales forecast is slightly above estimates, reinforcing the positive sentiment.
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