MasTec (MTZ) reported Q1 adjusted earnings late Thursday of $0.51 per diluted share, swinging from a loss of $0.17 a year earlier.
Analysts polled by FactSet expected earnings of $0.34.
Revenue in the three months ended March 31 rose to $2.85 billion from $2.69 billion a year earlier.
Analysts surveyed by FactSet expected $2.71 billion.
The company expects Q2 adjusted diluted EPS of $1.36 to $1.46 on revenue of $3.4 billion. Analysts polled by FactSet expect adjusted EPS of $1.39 on revenue of $3.28 billion.
The company expects 2025 adjusted diluted EPS of $5.90 to $6.25 on revenue of $13.65 billion. The company previously projected adjusted EPS of $5.35 to $5.84 on revenue of $13.45 billion. Analysts surveyed by FactSet expect adjusted EPS of $5.59 on revenue of $13.43 billion.
Shares of the company were up 1.5% in recent after-hours activity.
Price: 136.00, Change: +1.99, Percent Change: +1.48
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