MasTec shares are trading higher after the company raised its FY2024 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
MasTec shares are experiencing an upward trend following the company's announcement of an increase in its FY2024 adjusted EPS guidance.
October 31, 2024 | 8:53 pm
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MasTec's stock is trading higher due to the company's raised FY2024 adjusted EPS guidance, indicating positive future earnings expectations.
The increase in FY2024 adjusted EPS guidance suggests that MasTec expects better financial performance, which is a positive signal for investors. This has led to a rise in the stock price as the market reacts to the improved earnings outlook.
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