MasTec IncMTZ
▼ NegativeCapitalrelevance
Q2 EPS miss and weak full-year guidance despite revenue beat
Impact on stocks 1
Energy Transition & Power Demand
MasTec IncMasTec shares slide 17.7% after mixed Q2 earnings and weak guidance
Earnings
Shares of infrastructure construction company MasTec fell 17.7% in afternoon trading after its second-quarter 2026 earnings report presented a mixed picture, with strong sales growth overshadowed by profitability concerns. The company posted revenue of $4.37 billion, a 23.4% year-over-year increase that narrowly beat analyst estimates, but adjusted earnings of $2.22 per share fell just short of the Wall Street consensus of $2.23. MasTec raised its internal full-year adjusted EPS guidance to a midpoint of $9.30, yet this new outlook was below what analysts had been projecting. The market reacted negatively to the earnings miss and disappointing forecast, leading to a sharp sell-off that continued as investors prioritized the weaker-than-expected outlook over the revenue beat.
MasTec IncQ2 EPS miss and weak full-year guidance despite revenue beat