MasTec (NYSE: MTZ) is expected to report Q2 earnings around Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MasTec's revenues will shrink -3.2% and EPS will increase 19.4%.

The average estimate for revenue is $960.0 million. On the bottom line, the average EPS estimate is $0.43.

Revenue details
 Last quarter, MasTec booked revenue of $918.6 million. GAAP reported sales were 24% higher than the prior-year quarter's $738.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS of $0.22 for Q1 were 29% higher than the prior-year quarter's $0.17 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 13.8%, 210 basis points better than the prior-year quarter. Operating margin was 5.1%, 130 basis points better than the prior-year quarter. Net margin was 2.0%, 10 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.02 billion. The average EPS estimate is $1.80.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 253 members out of 268 rating the stock outperform, and 15 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 71 give MasTec a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MasTec is outperform, with an average price target of $33.15.

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