MasTec (MTZ) Expected to Announce Quarterly Earnings on Thursday

MasTec (NYSE:MTZ) is anticipated to post its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect MasTec 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. Interested persons may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, October 30, 2026 at 9:00 AM ET.

MasTec (NYSE:MTZ) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.01). MasTec had a net margin of 3.07% and a return on equity of 18.08%. The company had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the company posted $1.49 EPS. The company’s quarterly revenue was up 23.4% on a year-over-year basis. 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

Shares of MTZ opened at $172.70 on Tuesday. The business has a 50-day moving average of $223.75 and a 200-day moving average of $301.30. 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 has a market capitalization of $13.87 billion, a price-to-earnings ratio of 27.54 and a beta of 1.84. MasTec has a 1 year low of $164.31 and a 1 year high of $441.43.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. KeyCorp decreased their target price on shares of MasTec from $371.00 to $320.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. TD Cowen dropped their price target on shares of MasTec from $420.00 to $320.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Guggenheim boosted their price target on shares of MasTec from $480.00 to $518.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their price objective on shares of MasTec from $369.00 to $303.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Finally, Piper Sandler reduced their price objective on shares of MasTec from $321.00 to $313.00 and set a “neutral” rating on the stock in a research note on Monday, September 28th. Nineteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $365.10.

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.