MasTec Inc
MTZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|tn | LOCK|#!$ | LOCK|TQ&m!^& |
MasTec Earnings: Less-Than-Perfect Results Send Shares Tumbling; Fair Value Estimate Maintained
MasTec reported second-quarter sales growth of 23% year over year, driven by 43% growth in the clean energy and infrastructure segment. Management raised full-year revenue and earnings per share guidance, but shares traded down nearly 20% following the earnings release.
