MasTec (MTZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
MasTec (MTZ) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Shares of MasTec Inc MTZ continued their upward trajectory in early trading on Tuesday, after climbing last week on the company's raised 2024 adjusted earnings guidance.
MasTec, Inc. (NYSE:MTZ ) Q3 2024 Earnings Call November 1, 2024 9:00 AM ET Company Participants Marc Lewis - Vice President, Investor Relations Jose Mas - Chief Executive Officer Paul Dimarco - Executive Vice President and Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Steven Fisher - UBS RT Modak - Goldman Sachs Brian Brophy - Stifel Sangita Jain - KeyBanc Capital Markets Brent Thielman - D.A. Davidson Jamie Cook - Truist Securities Justin Hauke - Robert W.
MTZ's third-quarter results benefit from strength in the diversified business model and strong bookings of renewable energy projects.
The headline numbers for MasTec (MTZ) give insight into how the company performed in the quarter ended September 2024, 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 $1.63 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $0.95 per share a year ago.
MasTec (MTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MTZ's strong project pipeline, strategic acquisitions, and rising demand position it for long-term growth and investor returns.
MasTec (MTZ) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here is how MasTec (MTZ) and Granite Construction (GVA) have performed compared to their sector so far this year.