MasTec (MTZ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

MasTec (MTZ) reported $3.4 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 3.8%. EPS of $1.44 for the same period compares to $0.66 a year ago.The reported revenue represents a surprise of +2.52% over the Zacks Consensus Estimate of $3.32 billion. With the consensus EPS estimate being $1.28, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how MasTec performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Communications: $975.30 million versus $917.24 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +28.4% change. Revenue- Eliminations: -$21.60 million versus -$5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +191.9% change. Revenue- Clean Energy and Infrastructure: $1.26 billion versus $1.26 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +17.8% change. Revenue- Power Delivery: $762.10 million compared to the $726.90 million average estimate based on two analysts. The reported number represents a change of +15.8% year over year. Adjusted EBITDA- Communications: $96.50 million versus $92.63 million estimated by two analysts on average. Adjusted EBITDA- Other: $9 million versus $7 million estimated by two analysts on average. Adjusted EBITDA- Clean Energy and Infrastructure: $104.30 million versus $81.14 million estimated by two analysts on average. Adjusted EBITDA- Power Delivery: $54.40 million versus $58.76 million estimated by two analysts on average. View all Key Company Metrics for MasTec here>>>Shares of MasTec have returned -5% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MasTec, Inc. (MTZ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks