MasTec Announces Better Than Expected Second Quarter 2020 Results and Record Second Quarter Backlog
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MasTec (MTZ) Tops Q2 EPS by 15c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus, 3Q EPS Mid-Point Guidance Above Consensus
July 30, 2020 4:44 PM EDTMasTec (NYSE: MTZ) reported Q2 EPS of $0.95, $0.15 better than the analyst estimate of $0.80. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.53 billion.
Jose Mas, MasTec's Chief Executive Officer, commented, "The resilience, dedication and focus of the men and women of MasTec resulted in strong second quarter results that exceeded our expectation during these unprecedented times. We are actively monitoring potential volatility caused by the pandemic,... More
