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D.A. Davidson Sees Lower Q4 Earnings Above Expectations For MasTec

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In a report published Friday, D.A. Davidson analyst John B. Rogers reiterated a Buy rating and $28.00 price target on MasTec, Inc. (NYSE: MTZ).

In the report, D.A. Davidson noted, "MasTec reported GAAP EPS of $0.33 for the fourth quarter above our estimate of $0.28 per share. These results compare with reported GAAP EPS of $0.50 last year. Adjusted EPS (excluding unusual items and non-cash compensation costs) declined to $0.40 from $0.53 last year, and was above our estimate and consensus of $0.38."

MasTec closed on Thursday at $20.53.

Latest Ratings for MTZ

DateFirmActionFromTo
Sep 2019MaintainsOverweight
Aug 2019MaintainsBuy
Aug 2019MaintainsBuy

View More Analyst Ratings for MTZ
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Posted-In: D.A. Davidson John B. RogersAnalyst Color Reiteration Analyst Ratings

 

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