MTZ Q1 Deep Dive: Infrastructure Demand and Backlog Growth Drive Upbeat Outlook

Infrastructure construction company MasTec (NYSE:MTZ) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 34.5% year on year to $3.83 billion. Guidance for next quarter’s revenue was optimistic at $4.3 billion at the midpoint, 2.4% above analysts’ estimates. Its non-GAAP profit of $1.39 per share was 40.6% above analysts’ consensus estimates.