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Compared to Estimates, MasTec (MTZ) Q1 Earnings: A Look at Key Metrics
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MasTec (MTZ - Free Report) reported $3.83 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 34.5%. EPS of $1.39 for the same period compares to $0.51 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.47 billion, representing a surprise of +10.27%. The company delivered an EPS surprise of +42.08%, with the consensus EPS estimate being $0.98.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasTec performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Backlog: $20.33 billion compared to the $19.03 billion average estimate based on two analysts.
Revenue- Pipeline Infrastructure: $682.5 million versus $558.8 million estimated by two analysts on average.
Revenue- Communications: $802.1 million versus the two-analyst average estimate of $739.31 million. The reported number represents a year-over-year change of +17.8%.
Revenue- Eliminations: $-31.3 million versus $-12.14 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +501.9% change.
Revenue- Clean Energy and Infrastructure: $1.33 billion versus $1.21 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +45.2% change.
Revenue- Power Delivery: $1.05 billion versus the two-analyst average estimate of $949.64 million. The reported number represents a year-over-year change of +16.3%.
Adjusted EBITDA- Communications: $46.8 million compared to the $49.88 million average estimate based on two analysts.
Adjusted EBITDA- Power Delivery: $72 million versus the two-analyst average estimate of $52.73 million.
Adjusted EBITDA- Pipeline Infrastructure: $144.9 million versus the two-analyst average estimate of $100.63 million.
Adjusted EBITDA- Other: $-2.5 million versus the two-analyst average estimate of $7 million.
Adjusted EBITDA- Clean Energy and Infrastructure: $89 million versus $82.08 million estimated by two analysts on average.
Shares of MasTec have returned +11% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, MasTec (MTZ) Q1 Earnings: A Look at Key Metrics
MasTec (MTZ - Free Report) reported $3.83 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 34.5%. EPS of $1.39 for the same period compares to $0.51 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.47 billion, representing a surprise of +10.27%. The company delivered an EPS surprise of +42.08%, with the consensus EPS estimate being $0.98.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasTec performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for MasTec here>>>
Shares of MasTec have returned +11% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.