MasTec reported second-quarter earnings of $2.22 per share, beating the Zacks Consensus Estimate of $2.19 per share and marking an earnings surprise of +1.37%. Revenue came in at $4.37 billion, surpassing the consensus estimate by 1.81% and up from $3.54 billion a year ago. The company has now topped consensus EPS and revenue estimates in each of the last four quarters. MasTec shares have gained about 32.2% year-to-date, outperforming the S&P 500's 6.9% advance. The current consensus EPS estimate stands at $3.15 for the coming quarter and $9.58 for the fiscal year.
MasTec IncMasTec beat Q2 earnings and revenue estimates, marking its fourth consecutive quarter of surpassing consensus.
Tutor Perini Corporation