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MasTec (MTZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, MasTec (MTZ - Free Report) reported revenue of $4.37 billion, up 23.4% over the same period last year. EPS came in at $2.22, compared to $1.49 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.3 billion, representing a surprise of +1.81%. The company delivered an EPS surprise of +1.37%, with the consensus EPS estimate being $2.19.
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: $21.39 billion versus the two-analyst average estimate of $20.52 billion.
Revenue- Pipeline Infrastructure: $642.8 million versus the three-analyst average estimate of $597.59 million.
Revenue- Communications: $888.9 million versus $875.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.2% change.
Revenue- Power Delivery: $1.25 billion compared to the $1.17 billion average estimate based on three analysts. The reported number represents a change of +19.2% year over year.
Revenue- Clean Energy and Infrastructure: $1.62 billion compared to the $1.67 billion average estimate based on three analysts. The reported number represents a change of +43.4% year over year.
Revenue- Eliminations: $-26 million versus $-19.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +192.1% change.
Adjusted EBITDA- Communications: $73.1 million versus the two-analyst average estimate of $94.09 million.
Adjusted EBITDA- Power Delivery: $113 million versus the two-analyst average estimate of $104.69 million.
Adjusted EBITDA- Pipeline Infrastructure: $118.5 million compared to the $102.83 million average estimate based on two analysts.
Adjusted EBITDA- Other: $13.6 million versus $7 million estimated by two analysts on average.
Adjusted EBITDA- Clean Energy and Infrastructure: $128.2 million compared to the $129.78 million average estimate based on two analysts.
Shares of MasTec have returned -26.4% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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MasTec (MTZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, MasTec (MTZ - Free Report) reported revenue of $4.37 billion, up 23.4% over the same period last year. EPS came in at $2.22, compared to $1.49 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.3 billion, representing a surprise of +1.81%. The company delivered an EPS surprise of +1.37%, with the consensus EPS estimate being $2.19.
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 -26.4% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.