Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of electrical and communications infrastructure installer MasTec
So what: Analysts would have settled for $0.37 of earnings per share on $650 million in sales, but MasTec delivered $0.44 per share on $731 million instead. That's a beatdown with authority.
Now what: Far from a case of a rising tide lifting every dinghy, rival Quanta Services
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