MasTec jumps as Q1 2026 beat and higher full-year EPS guidance reset expectations
MTZ•MasTec shares are rising after the company reported a first-quarter 2026 earnings and revenue beat and raised full-year 2026 profit guidance. The company posted record Q1 revenue of $3.8 billion and lifted adjusted EPS guidance to $8.79 for 2026.
1) What’s moving the stock
MasTec (MTZ) is trading sharply higher after releasing first-quarter 2026 results that exceeded its own outlook and prompting an upward revision to full-year targets. The company reported revenue of $3.8 billion (a first-quarter record), diluted EPS of $0.77, and adjusted diluted EPS of $1.39, with management citing strong demand across end-markets and execution that beat guidance “in all respects.” (stocktitan.net)
2) The key catalyst: raised 2026 guidance
Investors are reacting most strongly to the higher 2026 profit outlook. MasTec increased its full-year 2026 diluted EPS guidance to $6.77 and raised full-year adjusted diluted EPS guidance to $8.79, implying a step-up in earnings power versus the prior view and reinforcing confidence in the 2026 workload. (stocktitan.net)
3) What to watch next
MasTec is scheduled to discuss the quarter and the updated outlook on its earnings webcast on Friday, May 1, 2026 at 9:00 a.m. ET, which can influence whether today’s move holds. Traders will be listening for detail on backlog, project timing, and any cost or labor pressures that could affect the raised full-year targets. (stocktitan.net)
