MasTec Announces Second Quarter 2016 Results Above Expectations and Increases 2016 Full Year Guidance
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FBR Capital Raises Price Target on MasTec (MTZ) to $35 Following Strong 2Q
August 8, 2016 8:40 AM EDTFBR Capital reiterated an Outperform rating on MasTec (NYSE: MTZ), and raised the price target to $35.00 (from $25.00), following the company's 2Q earnings report. Full-year guidance was raised, including revenue of $5B (from $4.8-$5B); EBITDA of $440M (from $415M-$430M); adjusted EPS of $1.57 (from $1.37-$1.47).
Analyst Alex... More
MasTec (MTZ) Tops Q2 EPS by 13c, FY EPS Guidance Tops Views
August 4, 2016 5:20 PM EDTMasTec (NYSE: MTZ) reported Q2 EPS of $0.36, $0.13 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.16 billion.
GUIDANCE:
MasTec sees FY2016 EPS of $1.57, versus the consensus of $1.41. MasTec sees FY2016... More
