MTZ Earnings Prediction
The chart below shows how MTZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTZ sees a -0.55% change in stock price 10 days leading up to the earnings, and a +5.26% change 10 days following the report. On the earnings day itself, the stock moves by +0.28%. This data can give you a slight idea of what to expect for the next quarter's release.
MTZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.25B
-0.14%
9.84%
Gross Margin
10.72%
42.18%
11.43%
Operating Margin
5.50%
79.74%
36.82%
Net Margin
3.24%
589.36%
118.92%
EPS
1.21
572.22%
181.40%
No Data Available
MTZ Earnings Analysis
MasTec, Inc. Corporation (MTZ.N) Earnings Conference Call
Positive
Quarterly Revenue Report: Revenue for the quarter was $3.3 billion.
Record Adjusted EBITDA Achievement: Adjusted EBITDA was $306 million, exceeding guidance by $11 million and a quarterly record.
Earnings Per Share Beat: Adjusted earnings per share was $1.63, exceeding guidance by $0.39, driven by the adjusted EBITDA, lower depreciation and interest.
Communications Revenue Surge: Communications segment revenue grew over 12%, both year-over-year and sequentially, resulting in record quarterly revenues for this segment.
Record Clean Energy Revenue: Our Clean Energy and Infrastructure segment also had record quarterly revenue and EBITDA.
Negative
Quarterly Revenue Performance: Revenue for the quarter was $3.3 billion, slightly below expectations.
EBITDA Improvement Needed: Adjusted EBITDA was $306 million, indicating a need for improvement in profitability.
Earnings Per Share Miss: Adjusted earnings per share was $1.63, which was below market expectations.
Backlog Increase and Challenges: Backlog at quarter end was $13.9 billion, reflecting a $520 million sequential increase but still indicating potential future challenges.
Cost Management Inefficiencies: Operating margins were lower than expected, suggesting inefficiencies in cost management.
MTZ FAQs
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MTZ Earning Call Sentiment
MasTec, Inc. (MTZ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
MTZ.N
-2.6%Positive
The earnings call reveals strong financial performance with adjusted EPS and EBITDA exceeding guidance, a significant backlog increase, and strong cash flow. The Q&A session highlights operational success and optimism for future projects, despite some unclear responses about specific project risks. The company's commitment to deleveraging and the strategic win with Lumen add positive sentiment. Although revenue missed expectations, the optimistic guidance and strong earnings suggest a positive stock price reaction, likely in the 2% to 8% range.
