Sterling Infrastructure (STRL) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.26%. A quarter ago, it was expected that this civil construction company would post earnings of $1.43 per share when it actually produced earnings of $1.67, delivering a surprise of 16.78%.Over the last ...

THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2024.The financial comparisons herein are to the prior year quarter, unless otherwise noted.Third Quarter 2024 Results Revenues of $593.7 million, an increase of 6% Gross margin of 21.9%, up from 16.4% Net Income of $61.3 million, or $1.97 per diluted share, an increase of 56% for both metrics EBITDA(1) of $100.8 million, an i ...

Sterling Infrastructure, Inc. (STRL) is scheduled to report third-quarter 2024 results on Nov. 6, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, STRL delivered solid results, with earnings and revenues came in ahead of the Zacks Consensus Estimate by 16.8% and 5.3%, respectively.The company registered an 11.7% revenue growth and a 31.5% increase in earnings per share (EPS), driven by a diversified portfolio and a focus on margin ...

In the latest market close, Sterling Infrastructure (STRL) reached $154.45, with a +0.64% movement compared to the previous day. This change outpaced the S&P 500's 1.86% loss on the day. Meanwhile, the Dow experienced a drop of 0.9%, and the technology-dominated Nasdaq saw a decrease of 2.76%.Shares of the civil construction company witnessed a gain of 5.06% over the previous month, beating the performance of the Construction sector with its gain of 3.66% and the S&P 500's gain of 1.01%.Investors will be ea ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

The most recent trading session ended with Sterling Infrastructure (STRL) standing at $150.66, reflecting a -1.76% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, added 0.56%.Heading into today, shares of the civil construction company had gained 5.16% over the past month, outpacing the Construction sector's loss of 2.06% and the S&P 500's gain of 1.39% in that time.The inve ...

Sterling Infrastructure, Inc. (STRL) stock is trading at a premium compared with the Zacks Engineering - R and D Services industry. With a forward 12-month Price/Earnings (P/E) ratio of 25.76X, it is above the industry's average of 23.81X and a five-year median of 10.65X. In comparison, its peers, Primoris Services Corporation (PRIM) , Granite Construction Incorporated (GVA) and Dycom Industries, Inc. (DY) , are trading cheaper at 15.89X, 14.82X and 21.91X, respectively. While some investors may view this a ...

The most recent trading session ended with Sterling Infrastructure (STRL) standing at $154.09, reflecting a +1.95% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.71%. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 0.6%. The civil construction company's stock has climbed by 35.81% in the past month, exceeding the Construction sector's gain of 8.51% and the S&P 500's gain of 6.41%. Investors will be eagerly watching for the pe ...

Sterling Infrastructure (STRL) closed at $143.26 in the latest trading session, marking a -1.77% move from the prior day. This change lagged the S&P 500's 0.13% loss on the day. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.39%. Shares of the civil construction company have appreciated by 22.56% over the course of the past month, outperforming the Construction sector's gain of 3.87% and the S&P 500's gain of 2.43%. Investors will be eagerly watching ...

Investors looking for stocks in the Engineering - R and D Services sector might want to consider either Sterling Infrastructure (STRL) or Altair Engineering (ALTR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy ...