Why MasTec (MTZ) Shares Are Falling Today
Update: 2025-10-31
Description
MasTec's stock takes a hit despite strong Q3 results, as investors focus on future profit concerns. Despite a 22% revenue jump and beating Wall Street's earnings expectations, the company's lower-than-expected full-year guidance for adjusted EBITDA spooked investors. This reaction is common in the stock market, where MasTec has seen 19 moves of more than 5% in the past year. Despite recent pullbacks, MasTec shares are still up nearly 50% this year and have quadrupled for long-term investors since 2017.
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