Thank you for Subscribing to Construction Business Review Weekly Brief
CLOSE
Specials
- Apartment and Condominium Contractors Canada
- Decking Canada
- Architectural Glass Europe
- MEP APAC
- Construction Saudi Arabia
- German Apartment and Condominium Contractors
- Construction Law APAC
- Outdoor Construction
- Foundation Construction Canada
- MEP Canada
- Kitchen and Bath
- Cold Storage Construction APAC
- Precast Concrete Europe
- Construction Staffing Europe
- Pre-Construction Services
- Flooring System APAC
- Scaffolding Canada
- Swimming Pool Construction Canada
- Construction Management Canada
- Cold Storage Construction Canada
- Flooring Systems Europe
- Residential Construction
- Concrete Canada
- Construction Cladding Europe
- Construction Cladding APAC
- Concretes, Aggregates and Construction Materials APAC
- Concretes, Aggregates and Construction Materials Europe
- Commercial Contractors Europe
- Commercial Contractors APAC
- Dummy
- Construction Insulation, Coating and Waterproofing
- Construction Management APAC
- Landscaping Canada
- Construction Coating Europe
- Construction Tech Startups Europe
- Insulation Services Europe
- Mechanical Contractor Canada
- Mould Remediation and Testing Europe
- Swimming Pool Construction APAC
- Building Sealing Solutions Europe
- Construction Engineering Services
- Mechanical Electrical and Plumbing
- Roofing Systems Europe
- Architectural Glass APAC
- Startups APAC
- Construction Forensic and Owners Representative
- Flooring System
- Waterproofing APAC
- Wall Systems
- Safety and Compliance Europe
- Construction Equipment
- Modular and Prefab Construction
- Architectural Glass
- Construction MENA
- Construction Demolition and Recycling Europe
- Modular Construction Europe
- Construction Interiors
- Steel Building APAC
- HVAC
- Doors and windows
- Modular Construction APAC
- Building Information Modeling APAC
- Sustainable Construction APAC
- Building Restoration and Maintenance
- Commercial Contractors
- Specialty Construction
- Construction Engineering Canada
- Construction Engineering MENA
- Modular Construction Canada
- Construction Demolition Canada
- Roofing and Siding Systems
- Construction Latam
- Construction Staffing
- Roofing Systems APAC
- Construction Consulting
- Steel Building Europe
- Construction Demolition and Recycling APAC
- Safety and Compliance APAC
- Concretes, Aggregates and Construction Materials
- Construction Cladding
Mastec Announces Strong Third Quarter 2020 Earnings Results
Mastec, Inc, the leading infrastructure construction company, announced third quarter 2020 financial results and updated its guidance for the remainder of 2020
By
Construction Business Review | Monday, January 25, 2021
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Mastec, Inc, the leading infrastructure construction company, announced third quarter 2020 financial results and updated its guidance for the remainder of 2020.
Third quarter GAAP net income and earnings per diluted share exceeded the company’s expectations at $116.9 million, or $1.59, respectively. Third quarter 2020 adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, were $134.5 million and $1.83, respectively, with adjusted diluted earnings per share exceeding the company’s million, also exceeding the company’s guidance expectation by approximately $11 million.
Third quarter 18-month backlog as of September 30, 2020 was $7.7 billion, a $179 million increase compared to the same quarter last year.
