MasTec (NYSE:MTZ) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
MasTec beat estimated earnings by 72.73%, reporting an EPS of $-0.03 versus an estimate of $-0.11.
Revenue was up $179.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 13.08% drop in the share price the next day.
Here's a look at MasTec's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.29 | 1.68 | 1.23 | 0.75 |
| EPS Actual | 1.35 | 1.81 | 1.30 | 1.10 |
| Revenue Estimate | 1.88B | 2.28B | 2.09B | 1.62B |
| Revenue Actual | 1.81B | 2.40B | 1.96B | 1.77B |
To track all earnings releases for MasTec visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
