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.
MasTec, Inc. has good growth prospects driven by 5G infrastructure expansion, federal funding, sustainability trends, and energy independence needs. Despite project execution issues impacting margins, improvements in bid discipline and execution are expected to drive margin growth. The stock is trading at a discount to its peer, Quanta Services, and has the potential for a valuation re-rating as execution improves and demand increases.
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MasTec (MTZ) gains from an impressive pipeline across its businesses and its acquisitions.