MasTec is trading 4.47% up now at $284.63 as investors continued reassessing its July 30 second-quarter results, including a record $21.4 billion backlog and stronger full-year guidance.
- Second-quarter revenue reached $4.4 billion, while adjusted EPS rose 49% year over year.
- Full-year adjusted EPS guidance increased to $9.30.
- The broader risk-on backdrop is supportive, but the primary catalyst appears company-specific.