MasTec Announces Fourth Quarter and Annual Results, Amended and Expanded Credit Facility and Issues 2017 Guidance
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FBR Capital Remains Bullish on MasTec (MTZ) Following 4Q
February 24, 2017 7:05 AM ESTFBR Capital reiterated an Outperform rating and $50.00 price target on MasTec (NYSE: MTZ) following the company's 4Q earnings release. In the quarter, revenue was $1.34B, +31% YOY and ahead of consensus of $1.31B. Adjusted EPS were $0.70 and ahead of consensus of $0.54 and compare favorably to $0.21... More
MasTec (MTZ) Tops Q4 EPS by 16c
February 23, 2017 5:33 PM ESTMasTec (NYSE: MTZ) reported Q4 EPS of $0.70, $0.16 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.31 billion.
Fourth quarter 2016 revenue was $1.34 billion, a 31% increase compared with $1.03 billion for the same period last... More