Compared to Estimates, MasTec (MTZ) Q3 Earnings: A Look at Key Metrics

Core Insights - MasTec reported a revenue of $3.97 billion for the quarter ended September 2025, reflecting a 22% increase year-over-year and a surprise of +1.61% over the Zacks Consensus Estimate of $3.9 billion [1] - The company's EPS for the quarter was $2.48, up from $1.63 in the same quarter last year, surpassing the consensus EPS estimate of $2.31 by +7.36% [1] Revenue Performance - Pipeline Infrastructure revenue was $597.8 million, exceeding the average estimate of $573.12 million from four analysts [4] - Clean Energy and Infrastructure revenue reached $1.36 billion, slightly below the estimated $1.4 billion but showing a year-over-year increase of +19.8% [4] - Power Delivery revenue was reported at $1.11 billion, which was slightly below the average estimate of $1.13 billion, marking a significant year-over-year increase of +55.9% [4] - Communications revenue was $914.6 million, surpassing the average estimate of $801.01 million, but reflecting a year-over-year decline of -1.4% [4] Adjusted EBITDA Performance - Adjusted EBITDA for Communications was $103 million, exceeding the average estimate of $93.71 million from three analysts [4] - Adjusted EBITDA for Pipeline Infrastructure was $92 million, above the average estimate of $84.09 million [4] - Adjusted EBITDA for Clean Energy and Infrastructure was $115.4 million, slightly below the average estimate of $117.53 million [4] - Adjusted EBITDA for Power Delivery was reported at $104.3 million, which was below the average estimate of $119.77 million [4] Stock Performance - MasTec's shares have returned +3% over the past month, compared to a +3.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]