Loading...
Loading...
In a report published Tuesday, D.A. Davidson & Co. analyst John B. Rogers reiterated a Neutral rating and $34.00 price target on
MasTecMTZ.
In the report, D.A. Davidson & Co. noted, “Reported EPS of $0.37 per share from continuing operations for the second quarter declined from $0.42 last year. Management also reported adjusted EPS of $0.40 (excluding certain expenses), compared to $0.47 last year. As shown in the attached model these results were in line with our estimates and management's recent guidance. On June 1st the company had reduced expectations for second quarter EPS from $0.50 ($0.53 adjusted) to $0.37 ($0.40 adjusted) due to delays in spending by wireless carriers.”
MasTec closed on Monday at $28.07.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in