MasTec Earnings Preview: Can This Streak Continue?

Mastec (NYSE:MTZ) will report earnings after markets close on Thursday, May 2nd. MasTec Inc., is a specialty contractor operating across a range of industries. The Companys activities are the building, installation, maintenance and upgrade of utility and communications infrastructure, including electrical utility transmission and distribution, windfarms, solar farms, other renewable energy and natural gas infrastructure, wireless, wireline, etc.

Here is your Cheat Sheet to Mastec Earnings:

Earnings Expectations: Analysts expect earnings of $0.24 per share on revenues of $854.87 million. Currently, the company’s P/E ratio stands at 21.88.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.48 and has not changed. For the current year, the average estimate is a profit of $1.83, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Mastec has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,379 1,624 2,143 2,831 3,727
Diluted EPS ($) 0.96 0.90 1.05 1.23 1.31

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 731.62 778.48 992.24 1,067 932.36
Diluted EPS ($) 0.0994 0.17 0.37 0.34 0.4410

Past Performance:
Mastec has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)