| --- | --- | |------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | Q2 2024 Earnings Call August 6, 2024 | | | We build and service the infrastructure that enables our economy to run, our people to move, and our country to grow. | | ST DISCLOSURE: Forward-Looking Statements This presentation contains, and the officers and directors of the Company may from time to time make, statements that are considered forwardlookin ...

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 June 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 jurisdi ...

Exhibit 99.1 NEWS RELEASE For Immediate Release: August 5, 2024 Sterling Reports Record Second Quarter 2024 Results and Raises Full Year Guidance THE WOODLANDS, TX – August 5, 2024 – Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Second Quarter 2024 Results • Revenues of $582.8 million, an increase of 12% • Gross margin of 19.3%, ...

Sterling Infrastructure, Inc. (STRL) is scheduled to report second-quarter 2024 results on Aug 5, after the closing bell. In the first quarter, Sterling's revenues, though, missed the Zacks Consensus Estimate by 2.9% but grew 9% year over year despite challenging weather. The company achieved a record gross margin of 17.5% and delivered earnings per share (EPS) of $1.00 (beating the consensus mark by 22%). It ended the quarter with a backlog exceeding $2.35 billion, up 45% year over year, and secured awards ...

These overlooked breakout stocks may not grab headlines, but they can deliver stellar returns. Investors must diversify their portfolios with lesser-known companies from time to time. While major players dominate the stock market conversation, it's worth remembering that many of these giants remained unnoticed for a significant time before gaining recognition. Investing wisely in under-the-radar businesses can lead to substantial gains as they climb to the top. This shift in perspective could be a game-chan ...

Sterling's management will host a conference call on Tuesday, August 6, 2024, at 9:00 am ET/8:00 am CT to discuss the second quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www.strlco.com on the Events & Presentations section of the Inve ...

Shares of Sterling Infrastructure, Inc. (STRL) have soared 47.2% year to date (YTD), significantly outpacing the 21% gain in the Zacks Engineering - R and D Services industry. Additionally, STRL's sector has increased 9.9%, while the S&P 500 has risen 16.9% in the same period. Over the past three years, Sterling's shares have delivered an astonishing total return of 520.9% compared with the S&P 500's modest return of 30.2%. STRL Trades Above 200-Day SMA Additionally, STRL pursues growth through acquisitions ...

Introduction Sterling Infrastructure (NASDAQ:STRL) is an infrastructure company in North America that's benefitting from long-term tailwinds in AI. Over the last few years, the company has grown its top-line double digits while experiencing some margin expansion over time, as the business mix shifts to more e-infrastructure. Despite the company's shares having more than doubled over the past year, I still see good value here. Sterling Infrastructure is a specialized construction and engineering company that ...

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Sterling Infrastructure currently has a Zacks Rank of #2 (Buy). The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the averag ...

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Sterling Infrastructure is currently a Zacks Rank #2 (Buy). The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the ...