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MasTec falls 3% as earnings miss offsets revenue beat

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MasTec falls 3% as earnings miss offsets revenue beat

Investing.com -- MasTec Inc (NYSE:MTZ) reported third quarter results that missed earnings expectations despite beating on revenue, sending shares down 2.9% in after-hours trading Thursday.

Directly affected

  • MTZ Mastec

    Named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR holds the industrials sector that MasTec belongs to, so it often moves with news about it.

  • DY Dycom Industries-5.9% 30d

    Dycom Industries is a peer of MasTec in water, sewer, pipeline, comm and power line construction; rivals often move on the same news.

  • MYRG MYR Group

    MYR Group is a peer of MasTec in water, sewer, pipeline, comm and power line construction; rivals often move on the same news.

  • PRIM Primoris Services

    Primoris Services is a peer of MasTec in water, sewer, pipeline, comm and power line construction; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MTZ-3.51%-0.46%baseafter closeafter closeafter closeafter close
XLINo price data for this ticker———————
DYNo price data for this ticker———————
MYRGNo price data for this ticker———————
PRIMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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MasTec falls 3% as earnings miss offsets revenue beat Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
MTZthree days earlier-0.46%final price
MTZfive days earlier-3.51%final price

Trades by members of Congress and officials in the stocks in this story

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How solid “MasTec falls 3% as earnings miss offsets revenue beat” looks

12 out of 100

“MasTec falls 3% as earnings miss offsets revenue beat” scores 12 out of 100. The score uses 1 sources.