Company raises full-year 2026 adj diluted EPS guidance to $9.30
MasTec expects third-quarter adj diluted EPS of $2.98
Quarterly results beat expectations
US infrastructure builder's Q2 revenue rose 23% yr/yr, beating analyst expectations
Adjusted diluted EPS for Q2 rose 49% yr/yr to a second-quarter record
Company closed acquisition of The Superior Group, expanding electrical contracting capabilities
Segment performance and analyst coverage
BROAD-BASED GROWTH - Co said strong revenue growth was broad-based across segments, with Clean Energy and Infrastructure leading gains
CLEAN ENERGY AND INFRASTRUCTURE - Segment revenue rose 43% yr/yr, per co
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$4.37 bln
$4.30 bln (18 Analysts)
Q2 EPS
$1.65
Q2 Net Income
$146 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"