MasTec, Inc. (NYSE: MTZ) (“MasTec”) today announced the pricing of its public offering of $650,000,000 aggregate principal amount of senior notes due 2036. The notes will pay interest semi-annually at a rate of 5.850% and will mature on September 30, 2036. The notes were priced at 99.656%.The notes…
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Amazon.com Inc. (NASDAQ:AMZN)‘s best earnings-day pop in years and a nearly $475 billion wipeout in Apple Inc. (NASDAQ:AAPL) market valuation pulled Wall Street in opposite directions Friday, leaving indexes searching for direction into midday as the AI trade split in two.The S&P 500 held a 0.5% ga…
Q2 saw record revenue, profitability, and backlog, with all major metrics exceeding guidance. Power delivery, pipeline, and clean energy segments drove growth, offsetting short-term communications headwinds. Full-year guidance was raised, and the Superior acquisition is expected to enhance long-ter…
Q2 2026 saw revenue rise 23% and net income jump 62% year-over-year, driven by organic growth and acquisitions. The $1.6 billion Superior acquisition expanded the Power Delivery segment, while backlog reached $21.4 billion. Leverage increased post-acquisition, but liquidity and demand remain strong…
Record Q2 revenue and earnings driven by broad-based growth and margin expansion, with a record backlog and raised full-year guidance. Acquisition of The Superior Group strengthens capabilities in key markets. Risks include integration, inflation, and regulatory changes.Original document: MasTec, I…
MasTec appointed Alexander Benjamin Spiro as a Class III director and member of the Compensation Committee, with an initial term through the 2027 Annual Meeting of Shareholders.Original SEC Filing: MASTEC INC [ MTZ ] - 8-K - Jul. 30, 2026This is an AI-powered summary. It may contain inaccuracies. C…
MasTec reported results for the quarter ended 2026 with revenue of $4.37B, a 23.4% increase from $3.54B a year earlier, and diluted earnings per share of $1.65 versus $1.09 in the prior-year quarter; net income rose to $130.12M from $85.77M, reflecting improved margins and project execution.Financi…
MasTec, Inc. (NYSE: MTZ) today announced that Mr. Alex Spiro has joined MasTec’s Board of Directors as a Class III Director.Mr. Spiro has spent more than a decade advising Fortune 500 companies and their chief executives on high-priority matters, including regulatory investigations, corporate gover…
Infrastructure construction company MasTec NYSE:MTZwill be reporting earnings this Thursday after market close. Here’s what you need to know.MasTec beat analysts’ revenue expectations last quarter, reporting revenues of $3.83 billion, up 34.5% year on year. It was a stunning quarter for the company…
MasTec, Inc. (NYSE:MTZ) closed its ~$1.65B cash+stock acquisition of The Superior Group on July 20, 2026, expanding data center and power capacity and adding ~3,000 employees while drawing $700M from a new term loan and $600M under its credit facility to fund the deal.Previous Week RecapThis is an…
MasTec, Inc. (NYSE: MTZ) today announced that it has closed its previously announced acquisition of Electrical Specialists, Inc., d/b/a The Superior Group (“Superior”), a premier full-service electrical contractor focused on critical infrastructure, in a cash and stock transaction valued at approxi…
MasTec, Inc. (NYSE: MTZ) will release its second quarter financial results on Thursday, July 30, 2026, after the market close. In addition, MasTec’s senior management will host a webcast to review these results on Friday, July 31, 2026, at 9:00 a.m. ET.The event will be broadcast live and can be ac…
MasTec announced two financing actions to support its pending acquisition of the Superior Group and bolster liquidity. The company entered a $700 million senior unsecured delayed-draw term loan split into three- and four-year tranches, with interest tied to Term SOFR or the Base Rate and margins li…
Mas appointed Manuel Benito Miranda as a Class II director, effective June 30, 2026, and named him to the Compensation Committee.Original SEC Filing: MASTEC INC [ MTZ ] - 8-K - Jul. 07, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the…
MasTec, Inc. MTZ is currently trading at a premium compared with the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 Index, with a forward 12-month price-to-earnings (P/E) ratio of 35.62. The industry’s average currently is 26.35, with th…
For Immediate ReleaseChicago, IL – July 6, 2026 – Today, Zacks Equity Research discusses EMCOR Group, Inc. EME, MasTec MTZ, Dycom Industries DY and Tutor Perini Corp. TPC.Industry: Heavy ConstructionLink: https://www.zacks.com/commentary/2946886/4-infrastructure-driven-heavy-construction-stocks-to…
