MasTec Announces Strong Second Quarter 2019 Financial Results and Increased Annual Guidance

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Go back to MasTec Announces Strong Second Quarter 2019 Financial Results and Increased Annual Guidance

MasTec (MTZ) PT Raised to $66 at Citi

August 5, 2019 3:11 AM EDT

Citi analyst Andrew Kaplowitz raised the price target on MasTec (NYSE: MTZ) to $66.00 (from $63.00) while maintaining a Buy rating.

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MasTec (MTZ) Tops Q2 EPS by 48c

August 1, 2019 5:18 PM EDT

MasTec (NYSE: MTZ) reported Q2 EPS of $1.60, $0.48 better than the analyst estimate of $1.12. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.81 billion.

GUIDANCE:

MasTec sees Q3 2019 EPS of $1.62, versus the consensus of $1.48. MasTec sees Q3 2019... More