Will Sterling Infrastructure (STRL) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Sterling Infrastructure (STRL) has a strong history of exceeding earnings estimates and is well-positioned for continued success in upcoming reports [1][2] Earnings Performance - The company has consistently surpassed earnings estimates, achieving an average beat of 21.88% over the last two quarters [2] - In the most recent quarter, Sterling Infrastructure reported earnings of $3.48 per share, exceeding the Zacks Consensus Estimate of $2.79 per share by 24.73% [3] - In the previous quarter, the company reported earnings of $2.69 per share against an expectation of $2.26 per share, resulting in a surprise of 19.03% [3] Earnings Estimates and Predictions - Recent estimates for Sterling Infrastructure have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [6][9] - The current Earnings ESP for the company is +2.01%, suggesting analysts are optimistic about its earnings prospects [9] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings surprise, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [7][9] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8] - A positive Earnings ESP enhances the predictive power for earnings beats, while a negative value diminishes it, though it does not necessarily indicate an earnings miss [10]