NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors that it has commenced an investigation of MasTec, Inc. ("MasTec") (NYSE:MTZ) concerning possible violations of federal securities laws.
On August 3, 2023, MasTec announced it missed its estimates for the second quarter of 2023. The Company also revised downwards its 2023 guidance, blaming slowdowns in its communications margins for the revision. Analysts critiqued the Company for its "over-promise, under-deliver halo" concerning overly optimistic guidances ...
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