MasTec (MTZ) Beats Q2 Earnings Estimates

MasTec (MTZ) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of$ 0.88 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this utility contractor would post a loss of$ 0.47 per share when it actually produced a loss of $0.13, delivering a surprise of 72.34%. Over the last four quarters, the company has ...