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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.