For the quarter ended June 2026, MasTec (MTZ) reported revenue of $4.37 billion, up 23.4% over the same period last year. EPS came in at $2.22, compared to $1.49 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.3 billion, representing a surprise of +1.81%. The company delivered an EPS surprise of +1.37%, with the consensus EPS estimate being $2.19.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MasTec performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Backlog: $21.39 billion versus the two-analyst average estimate of $20.52 billion.
  • Revenue- Pipeline Infrastructure: $642.8 million versus the three-analyst average estimate of $597.59 million.
  • Revenue- Communications: $888.9 million versus $875.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.2% change.
  • Revenue- Power Delivery: $1.25 billion compared to the $1.17 billion average estimate based on three analysts. The reported number represents a change of +19.2% year over year.
  • Revenue- Clean Energy and Infrastructure: $1.62 billion compared to the $1.67 billion average estimate based on three analysts. The reported number represents a change of +43.4% year over year.
  • Revenue- Eliminations: $-26 million versus $-19.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +192.1% change.
  • Adjusted EBITDA- Communications: $73.1 million versus the two-analyst average estimate of $94.09 million.
  • Adjusted EBITDA- Power Delivery: $113 million versus the two-analyst average estimate of $104.69 million.
  • Adjusted EBITDA- Pipeline Infrastructure: $118.5 million compared to the $102.83 million average estimate based on two analysts.
  • Adjusted EBITDA- Other: $13.6 million versus $7 million estimated by two analysts on average.
  • Adjusted EBITDA- Clean Energy and Infrastructure: $128.2 million compared to the $129.78 million average estimate based on two analysts.

View all Key Company Metrics for MasTec here>>>

Shares of MasTec have returned -26.4% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

See Stocks Now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

MasTec, Inc. (MTZ): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research