Why Is Infrastructure Construction Company MasTec Stock Surging Today? – MasTec (NYSE:MTZ) ...Middle East

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Why Is Infrastructure Construction Company MasTec Stock Surging Today? – MasTec (NYSE:MTZ)
source : NY Times News ( Middle East ) () 43
MasTec, Inc. MTZ shares are trading higher on Friday after the company provided a solid fourth-quarter outlook and raised its FY24 adjusted EPS guidance. On Thursday, the company reported revenue of $3.25 billion, missing the consensus of $3.42 billion. The company’s 18-month backlog as of September 30, stood at $13.9 billion, up $1.4 billion from the third quarter of 2023. Adjusted EBITDA […] The post Why Is Infrastructure Construction Company MasTec Stock Surging Today? – MasTec (NYSE:MTZ) appeared first on NY Times News Today.

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