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

Core Insights - MasTec reported $3.4 billion in revenue for Q4 2024, a year-over-year increase of 3.8% and an EPS of $1.44 compared to $0.66 a year ago, exceeding both revenue and EPS consensus estimates [1][2] Revenue Performance - Communications revenue reached $975.30 million, surpassing the estimated $917.24 million, reflecting a 28.4% increase year-over-year [4] - Clean Energy and Infrastructure revenue was $1.26 billion, matching estimates and showing a 17.8% year-over-year growth [4] - Power Delivery revenue was reported at $762.10 million, exceeding the average estimate of $726.90 million, with a 15.8% year-over-year increase [4] - Eliminations revenue was -$21.60 million, worse than the estimated -$5 million, indicating a significant year-over-year change of 191.9% [4] EBITDA Metrics - Adjusted EBITDA for Communications was $96.50 million, above the estimated $92.63 million [4] - Adjusted EBITDA for Clean Energy and Infrastructure was $104.30 million, exceeding the estimated $81.14 million [4] - Adjusted EBITDA for Power Delivery was $54.40 million, below the estimated $58.76 million [4] Stock Performance - MasTec shares have returned -5% over the past month, compared to the Zacks S&P 500 composite's -2.2% change, with a current Zacks Rank of 3 (Hold) [3]