earnings
confidence high
sentiment positive
materiality 0.80
MasTec Q1 beats: adj EPS $0.51 vs guided $0.34; FY adj EPS raised ~9%
MASTEC INC
2025-Q1 EPS reported
$0.13
revenue$2,847,718,000
- Q1 revenue $2.848B (+6% YoY); GAAP net income $12.3M ($0.13 EPS); adj net income $42M ($0.51 adj EPS), beating guidance by $0.17.
- Backlog $15.9B (+24% YoY, +11% QoQ); Pipeline Infrastructure backlog more than doubled since year-end.
- FY 2025 guidance raised: adj diluted EPS $5.90–$6.25 (midpoint ~9% increase); revenue $13.65B; adj EBITDA $1.12B–$1.16B.
- Segment rev: Communications +34.7%, Clean Energy +21.5%, Power Delivery +12.8%, Pipeline -43.8% (large project close-out).
- Share repurchases $77M YTD at avg $110/share; board authorized additional $250M repurchase program.