MasTec (NYSE:MTZ) reported earnings of $1.04 per share beating Walls Streets expectations.

ME Staff
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MasTec (NYSE:MTZ) reported Q2 2018 earnings this Afternoon, coming in at $1.04 per share, beating Wall Street’s estimates of $1.03 per Share. Revenue for the quarter came in at $1.62 billion missing the streets estimates of $1.79 billion

Recent Insider Trading for MasTec (NYSE:MTZ)

  • On 3/9/2018 Julia L Johnson, Director, sold 29,607 with an average share price of $51.11 per share and the total transaction amounting to $1,513,213.77.
  • On 3/1/2018 Cardenas Alberto De, EVP, sold 15,000 with an average share price of $49.55 per share and the total transaction amounting to $743,250.00.
  • On 2/1/2018 Robert E. Apple, COO, sold 25,000 with an average share price of $55.07 per share and the total transaction amounting to $1,376,750.00.
  • On 12/21/2017 Robert E. Apple, COO, sold 25,000 with an average share price of $50.16 per share and the total transaction amounting to $1,254,000.00.
  • On 6/28/2017 C Robert Campbell, Director, sold 12,000 with an average share price of $45.00 per share and the total transaction amounting to $540,000.00.
  • On 6/9/2017 Jose S Sorzano, Director, sold 2,391 with an average share price of $45.56 per share and the total transaction amounting to $108,933.96.



    About Company
    MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cable, and power lines, which provide wireless and wireline/fiber communications; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure; and other civil construction infrastructure. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, and satellite dishes, as well as home security, home automation, and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including natural gas and petroleum pipeline, communications, electrical distribution and transmission, power generation infrastructure, and heavy civil infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, satellite and broadband operators, install-to-the-home service providers, and government entities. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

    Recent Analyst Rating for MasTec (NYSE:MTZ)



      Recent Trading for MasTec (NYSE:MTZ)
      Shares of MasTec closed the previous trading session at with 48.1 shares trading hands.