05:09 PM EDT, 10/31/2024 (MT Newswires) -- MasTec ( MTZ ) reported Q3 adjusted earnings Thursday of $1.63 per diluted share, up from $0.95 a year earlier.

Analysts polled by Capital IQ expected $1.23.

Revenue for the quarter ended Sept. 30 was $3.25 billion, down from $3.26 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.44 billion.

The company expects Q4 adjusted diluted EPS of $1.29 and revenue of about $3.33 billion.

Analysts polled by Capital IQ expect $0.94 and $3.32 billion.

The company now expects 2024 adjusted diluted EPS of $3.75 and revenue of about $12.23 billion.

The previous guidance was adjusted diluted EPS of $3.03 and revenue of about $12.4 billion.

Analysts surveyed by Capital IQ expect $3.02 and $12.41 billion.

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