MasTec (MTZ) Projected to Post Quarterly Earnings on Thursday

MasTec (NYSE:MTZ) is expected to be posting its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $2.95 per share and revenue of $4.94 billion for the quarter. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. Investors may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 30, 2026 at 9:00 AM ET.

MasTec (NYSE:MTZ) last released its earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.30 billion. MasTec had a net margin of 3.07% and a return on equity of 18.08%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.49 EPS. On average, analysts expect MasTec to post $8.87 EPS for the current fiscal year and $12.24 EPS for the next fiscal year.

MasTec Price Performance

MTZ stock opened at $181.02 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37. The company’s 50-day moving average is $229.85 and its 200-day moving average is $316.71. The stock has a market capitalization of $14.54 billion, a PE ratio of 24.11 and a beta of 1.84. MasTec has a 1 year low of $178.07 and a 1 year high of $441.43.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. KeyCorp dropped their price objective on shares of MasTec from $371.00 to $320.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Truist Financial dropped their target price on MasTec from $428.00 to $380.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Wall Street Zen lowered shares of MasTec from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings downgraded shares of MasTec from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $348.00 target price on shares of MasTec in a report on Monday, October 12th. Nineteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $376.85.

MasTec Company Profile

MasTec, Inc is an infrastructure construction and engineering company that provides services to the communications, energy, utility, and industrial sectors. The company designs, builds, installs, maintains, and upgrades infrastructure for wireless and wireline communications networks, including cellular, broadband, fiber-optic, and other connectivity systems.

MasTec also performs construction and maintenance work for electric transmission and distribution systems, renewable energy projects, and other power infrastructure.