Mastec Inc is a diversified infrastructure engineering and construction company that specializes in providing services related to the development of telecommunications, energy, and utility infrastructure
The company engages in the planning, building, and maintaining of critical infrastructure systems, including networks for telecommunications, natural gas, and electric utilities. With a strong emphasis on innovation and technology, Mastec also focuses on renewable energy projects, assisting in the transition towards more sustainable energy solutions. Its operations encompass a wide range of services, from heavy civil construction to operational support, making it a key player in the infrastructure sector.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Sterling (NASDAQSTRL) and the best and worst performers in the engineering and design services industry.
Infrastructure construction company MasTec (NYSEMTZ) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 3.8% year on year to $3.40 billion. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $2.7 billion was less impressive, coming in 5.6% below expectations. Its non-GAAP profit of $1.44 per share was 18% above analysts’ consensus estimates.
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Wrapping up Q3 earnings, we look at the numbers and key takeaways for the engineering and design services stocks, including Dycom (NYSEDY) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at MasTec (NYSEMTZ) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and engineering industry, including Ameresco (NYSEAMRC) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Sterling (NASDAQSTRL) and its peers.
MasTec’s 29.7% return over the past six months has outpaced the S&P 500 by 16.7%, and its stock price has climbed to $143 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Let’s dig into the relative performance of EMCOR (NYSEEME) and its peers as we unravel the now-completed Q3 engineering and design services earnings season.
Civil infrastructure construction company Sterling Infrastructure (NASDAQSTRL) will be reporting results tomorrow after market hours. Here’s what to expect.
