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Mastec (MTZ)
NYSE:MTZ
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.43Last Year’s EPS
0.96Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 15.92%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance by MasTec in Q1 2025, with record revenues and significant growth across non-pipeline segments, particularly in Communications and Clean Energy. Despite challenges in the pipeline segment and concerns about potential policy and tariff impacts, the company remains optimistic due to strong backlog growth and increased full-year guidance.Company Guidance
In MasTec's First Quarter 2025 Financial Results Conference Call, the company reported exceeding its guidance in key financial metrics, including revenue, EBITDA, and EPS. Revenue for the quarter was $2.85 billion, and adjusted EBITDA was $164 million, surpassing forecasts by 5% and 3%, respectively. Notably, the non-pipeline segments showed significant growth, with non-pipeline EBITDA increasing by 60% year-over-year. The company raised its full-year 2025 guidance, with revenue now expected to reach $13.650 billion, EBITDA between $1.120 billion and $1.160 billion, and EPS averaging $6.08 per share. MasTec's backlog increased by over 10% sequentially, with a book-to-bill ratio of 1.55x, indicating strong future demand. The Communications segment saw a 35% revenue increase and an 82% growth in adjusted EBITDA. The Power Delivery segment grew by 13%, while Clean Energy and Infrastructure rose by 22%. Despite a 44% revenue decline in the Pipeline Infrastructure segment, due to challenging comparisons, backlog for pipeline projects more than doubled sequentially, suggesting a positive outlook for 2026. Overall, MasTec expressed optimism for sustained growth, driven by strong market positions and improving operational efficiency.Record First Quarter Revenue and Growth
Exceeded guidance in revenue, EBITDA, and EPS for Q1 2025. Revenue was $2.85 billion, and adjusted EBITDA was $164 million, surpassing expectations by about 5% and 3%, respectively.
Non-Pipeline Segments Performance
Non-pipeline segments improved EBITDA from $97 million in last year's first quarter to $155 million in this year's first quarter, a 60% year-over-year increase. Non-pipeline revenue was up by over 21%, with every segment delivering double-digit revenue growth.
Communications Segment Surge
Communications segment saw top-line growth of 35% year-over-year and 82% adjusted EBITDA growth with a 180 basis point improvement in margin. Backlog increased 7% sequentially to $4.9 billion.
Clean Energy and Infrastructure Growth
Revenue grew 22% year-over-year, and adjusted EBITDA more than doubled to $57 million with a margin of 6.2%. Backlog for this segment was up sequentially to a record level of $4.4 billion with a book-to-bill ratio of nearly 1.2x.
Increased Full-Year 2025 Guidance
Raised full-year 2025 revenue guidance to $13.65 billion, with EBITDA guidance between $1.120 billion to $1.160 billion, and increased EPS guidance midpoint to $6.08 per share.
Strong Backlog Growth
Backlog was up materially, representing one of the largest sequential increases in the Company's history, with a 10% sequential increase and a book-to-bill ratio of 1.55x.
MTZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MTZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $134.01 | $140.87 | +5.12% |
Feb 27, 2025 | $126.83 | $130.59 | +2.96% |
Oct 31, 2024 | $122.89 | $130.00 | +5.79% |
Aug 01, 2024 | $106.12 | $102.18 | -3.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mastec (MTZ) report earnings?
Mastec (MTZ) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Mastec (MTZ) earnings time?
Mastec (MTZ) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTZ EPS forecast?
MTZ EPS forecast for the fiscal quarter 2025 (Q2) is 1.43.