MasTec, Inc. (MTZ) reported third-quarter 2025 results, beating earnings and revenue estimates. Revenues of $3.97 billion exceeded expectations by 1.6%, with a 22% year-over-year increase. Despite challenges in pipeline infrastructure, MasTec’s strong performance was driven by growth in communications, clean energy, and power delivery markets. The company’s backlog reached $16.78 billion, reflecting strong demand. MasTec expects 2025 revenues of $14.07 billion and adjusted EPS of $6.40 per share.

In contrast, United Rentals, Inc. (URI) reported mixed results for the third quarter of 2025, with revenues beating estimates but EPS missing. The company experienced strong demand in construction and industrial markets, leading to record revenues and adjusted EBITDA. United Rentals expects total revenues for 2025 to be in the range of $16-$16.2 billion, showing optimism for continued growth.

Read more at Nasdaq: MasTec Beats Q3 Earnings & Revenue Estimates, Books Solid Backlog