MTZ Stock Recent News
MTZ LATEST HEADLINES
Growth across the telecommunications, transmission, data center, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA and ORN in the Zacks Building Products - Heavy Construction industry.
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Comfort Systems USA (FIX), MasTec (MTZ), Virgin Galactic (SPCE), AeroVironment (AVAV) and Blackbaud (BLKB).
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
MasTec, Inc. (NYSE:MTZ ) Q1 2025 Results Conference Call May 2, 2025 9:00 AM ET Company Participants Chris Mecray - Vice President, Investor Relations Marc Lewis - Vice President, Investor Relations Jose Mas - Chief Executive Officer Paul DiMarco - Chief Financial Officer Conference Call Participants Sangita Jain - KeyBanc Capital Markets Jamie Cook - Truist Securities Andy Kaplowitz - Citi Ati Modak - Goldman Sachs Steven Fisher - UBS Justin Hauke - Robert W. Baird Drew Chamberlain - JPMorgan Liam Burke - B Riley Brian Brophy - Stifel Joseph Osha - Guggenheim Partners Kashy Harrison - Piper Sandler Adam Thalhimer - Thompson Davis Operator Thank you for standing by, and welcome to MasTec's First Quarter 2025 Financial Results Conference Call.
MTZ's first-quarter results reflect strong contributions from the segments, with strong bookings in the Pipeline Infrastructure.
The headline numbers for MasTec (MTZ) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
MasTec (MTZ) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.13 per share a year ago.
First Quarter 2025 Highlights Revenue of $2.8 billion increased 6%; strong 21% combined growth contribution from non-pipeline segments; 44% decrease from Pipeline Infrastructure due to large contract close-out last year 18-month backlog as of March 31, 2025 of $15.9 billion increased 24% year-over-year and 11% versus the prior quarter; significant first quarter additions in Pipeline Infrastructure Diluted EPS of $0.13 and Adjusted Diluted EPS of $0.51, above expectations by $0.18 and $0.17, respectively GAAP Net Income of $12.3 million and Adjusted EBITDA of $163.7 million, above expectations by $13.3 million and $3.7 million, respectively Cash flow from operating activities of $78 million; Free cash flow of $45 million Guidance raised for FY 2025; Adjusted Diluted EPS guidance increased ~9% from prior midpoint of guidance CORAL GABLES, Fla. , May 1, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced first quarter 2025 financial results and updated full year 2025 financia
Federal spending drives growth, but high rates and labor shortages weigh on construction in 2025. DFH, PRIM, PCH, MLM and MTZ from the Zacks Construction sector are set to beat expectations.
EMCOR Group, Inc. EME and MasTec, Inc. MTZ are both leaders in the infrastructure engineering and construction services arena. Each company plays a critical role in building and maintaining essential systems – from electrical and mechanical facilities services (in EMCOR's case) to communications networks, power grids, and energy infrastructure (in MasTec's case).