Sterling Infrastructure (STRL) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Sterling Infrastructure, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Sterling Infrastructure is expected to report quarterly earnings of $2.66 per share, reflecting an increase of +82.2% year-over-year [3]. - Revenues are projected to reach $647.81 million, marking a growth of 29.9% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.89% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for Sterling Infrastructure is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.01% [11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [9]. - Sterling Infrastructure holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Sterling Infrastructure exceeded expectations by delivering earnings of $3.48 per share against an expected $2.79, resulting in a surprise of +24.73% [12]. - The company has consistently beaten consensus EPS estimates over the last four quarters [13]. Industry Context - In the Zacks Engineering - R and D Services industry, VSE is expected to report earnings of $0.88 per share, indicating a year-over-year decline of -2.2% [17]. - VSE's revenue is projected to be $294.6 million, down 1.5% from the previous year [17].