Sterling Infrastructure (NASDAQ: STRL ) offers investors a unique combination of growth potential and financial stability. I think so because the company capitalizes on positive trends both in mature and emerging industries. STRL benefits from the increased governmental infrastructure spending inAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering ...

Sterling Infrastructure, Inc. (NASDAQ:STRL) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Joe Cutillo - CEO Sharon Villaverde - CFO Noelle Dilts - VP, IR and Corporate Strategy Conference Call Participants Brent Thielman - D.A. Davidson Adam Thalhimer - Thompson Davis Julio Romero - Sidoti Company Operator Welcome to Sterling Infrastructure 3Q '24, webcast and conference call. [Operator Instructions]. I would now like to turn the conference over to Noelle Dilts. Please g ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 1-31993 STERLING INFRASTRUCTURE, INC. (Exact name of registrant as specified in its charter) Delaware 25-1655321 (State or other ju ...

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 ...

Exhibit 99.1 NEWS RELEASE For Immediate Release: November 6, 2024 Sterling Reports Record Third Quarter 2024 Results and Raises Full Year Profitability Guidance THE WOODLANDS, TX – November 6, 2024 – 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 ma ...

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 ...