MasTec Announces Record First Quarter 2017 Financial Results and Increased 2017 Annual Guidance
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MasTec (MTZ) PT Raised to $57 at FBR Capital Following Strong 1Q
May 8, 2017 7:13 AM EDTFBR Capital raised its price target on MasTec (NYSE: MTZ) to $57.00 (from $50.00) while maintaining a Outperform rating. MTZ reported record 1Q results, with revenue, EBITDA, and EPS all ahead of expectations. Management raised full-year 2017 guidance for revenue, EBITDA, and EPS, and provided 2Q... More
MasTec (MTZ) Tops Q1 EPS by 8c; Raises Outlook
May 4, 2017 5:04 PM EDTMasTec (NYSE: MTZ) reported Q1 EPS of $0.59, $0.08 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.06 billion.
First quarter 2017 revenue was $1.2 billion, a 19% increase compared with $974 million for the same period last year.... More