Sterling Construction

Sterling Infrastructure, Inc. engages in the provision of construction solutions. It operates through the following segments: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The Transportation Solutions segment includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems. The E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy, and more. The Building Solutions segment projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work. The company was founded in 1955 and is headquartered in The Woodlands, TX.

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Sterling Construction reports robust earnings, eyes growth in key sectors

Sterling Construction's strong financial performance in 2022 positions it well for continued growth in 2023. With a focus on key segments and strategic acquisitions, the company aims to navigate challenges and capitalize on emerging opportunities.

Sterling Construction posts strong Q1 results, eyes margin improvements

Sterling Construction delivers robust Q1 performance amidst supply chain challenges.
Segment-wise revenue growth and margin improvements highlight operational strengths.
Challenges include margin pressures in Building Solutions and resource reallocation.
Opportunities lie in aviation work surge, higher-margin projects, and backlog expansion.

Sterling Construction reports strong Q2 earnings, eyes growth opportunities

Sterling Construction (STRL) delivered a robust performance in Q2 2023, marked by revenue growth, increased operating income, and strong guidance for the full year.
The company's focus on operational efficiency, technology investments, and diversified revenue streams underpin its growth strategy and value creation for shareholders.
While facing challenges like supply chain disruptions, Sterling Construction remains well-positioned to capitalize on opportunities in the construction sector and drive sustainable growth.
Management's emphasis on financial discipline, debt management, and strategic investments reflects a proactive approach to navigating industry dynamics and delivering long-term shareholder value.

Sterling Construction (STRL) reports robust Q3 earnings and raises full-year guidance

Sterling Construction's Q3 results reflect strong financial performance, operational excellence, and strategic growth initiatives.
The company's increased backlog, revenue growth, and improved earnings guidance position it well for future success and value creation.
With a focus on diverse solutions and market sectors, Sterling Construction is poised to capitalize on growth opportunities and deliver shareholder value.
Robust operating cash flow and solid financial position underscore the company's resilience and ability to navigate market challenges effectively.

Sterling Construction reports robust 2023 growth and optimistic 2024 outlook

Sterling Construction (STRL) delivered strong financial results in Q4 2023 and full year 2023, showcasing growth in adjusted EPS, revenue, and operating cash flow.
While facing challenges in the E-Infrastructure segment, the company's Transportation and Building Solutions segments demonstrated robust performance and growth drivers.
Management's strategic focus on expansion, acquisitions, and operational improvements, coupled with a positive outlook for 2024, underlines Sterling Construction's commitment to sustained success.

Sterling Construction (STRL) reports record Q1 earnings and raises guidance

Sterling Construction's Q1 2024 performance reflects robust financial metrics, strong revenue growth, and increased backlog across its key segments, positioning the company for continued success.
While facing operational challenges in managing the growing backlog and maintaining profitability, Sterling Construction's focus on safety, efficiency, and strategic growth initiatives presents opportunities for sustained performance.
With a positive outlook for 2024 and confidence in achieving higher-end financial targets, Sterling Construction remains well-equipped to navigate industry dynamics and drive value for stakeholders.

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Sterling Construction (STRL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Sterling Construction (STRL)

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Sterling Construction (STRL) could produce exceptional returns because of its solid growth attributes.

Is Sterling Construction (STRL) a Solid Growth Stock? 3 Reasons to Think " Yes "

Sterling Construction Company (STRL) CEO Joe Cutillo on Q3 2021 Results - Earnings Call Transcript

Sterling Construction's (STRL) Q3 results are likely to reflect segmental benefits. Yet, supply-chain disruptions and rising inflation might have weighed on its bottom line.

Factors Setting the Tone for Sterling's (STRL) Q3 Earnings

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Sterling Construction (STRL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Sterling Construction (STRL) Shows Fast-paced Momentum But Is Still a Bargain Stock

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that our Specialty Services segment was awarded projects totaling $152 million during the third quarter of 2021. These projects included data centers, ecommerce, distribution centers, industrial warehouses, and multi-family residential facilities. “We continue to see very strong end-market demand in this segment especially around E-Infrastructure which includ

Sterling Awarded Specialty Services Projects Totaling $152 Million During the Third Quarter of 2021

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that it plans to issue its financial results for the third quarter of 2021 on Tuesday, November 2, 2021 after the stock market closes. Sterling's management will host a conference call on Wednesday, November 3, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 third quarter results, as well as the 2021 outlook. Interested parties may participate in the call

Sterling Schedules 2021 Third Quarter Release and Conference Call

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that its subsidiary, Ralph L. Wadsworth Construction Company, LLC (RLW), has been awarded a $40.4 million aviation project, the Design Pack 20 of the airfield concrete paving package for the Salt Lake City International Airport Terminal Redevelopment Program. This project award builds on Sterling's prior successful delivery of projects in the growing Salt La

Sterling Awarded $40.4 Million Aviation Project in Utah

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Is (STRL) Outperforming Other Construction Stocks This Year?

Has Sterling Construction Company (STRL) Outpaced Other Construction Stocks This Year?

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that its Chief Executive Officer, Joe Cutillo, and Executive Vice President & CFO, Ronald Ballschmiede, will be participating in the D.A. Davidson Diversified Industrials and Services Virtual Conference on Wednesday, September 22, 2021. Sterling will present at 2:45 pm ET that day, and will participate in virtual meetings with investors throughout the da

Sterling to Participate in the D.A. Davidson Diversified Industrials and Services Virtual Conference on Wednesday, September 22nd

Here is Why Growth Investors Should Buy Sterling Construction (STRL) Now

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced the election of Julie Dill to its Board of Directors, enlarging the Board to eight members, effective immediately. Ms. Dill was also appointed to the Audit Committee and to the Compensation and Talent Development Committee. Her initial term will expire at the next Annual Meeting of Stockholders. Ms. Dill has 36 years of executive experience in large public co

Sterling Construction Company, Inc. Announces Election of Julie Dill to Its Board of Directors

Is Sterling Construction Company (STRL) Outperforming Other Construction Stocks This Year?

Sterling Construction (STRL) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why Sterling Construction (STRL) is a Solid Choice

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that its Chief Executive Officer, Joe Cutillo and Executive Vice President & CFO, Ronald Ballschmiede are scheduled to present at the Sidoti August Microcap Conference on Thursday, August 19, 2021 beginning at 11:30 AM ET. STRL's management will be available for one-on-one meetings all day. To schedule a meeting please contact your Sidoti institutional s

Sterling to Participate in the Sidoti August Microcap Conference on Thursday, August 19th

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q2 2021 Results - Earnings Call Transcript

Shares of Sterling Construction Co (NASDAQ:STRL) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 6.15% over the past year to $0.69, which beat the estimate of $0.52.

Sterling Construction Co: Q2 Earnings Insights

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the second quarter 2021. Consolidated Second Quarter 2021 Financial Results Compared to Second Quarter 2020: Revenues were $401.7 million compared to $400.0 million. Net Income was $20.1 million compared to $18.2 million. Diluted EPS was $0.69 compared to $0.65. Consolidated Financial Position and Liquidity: Cash and Cash Equivalents wer

Sterling Reports Second Quarter 2021 Results

Sterling's (STRL) Q2 results are likely to reflect segmental benefits. Yet, supply-chain disruption and rising inflation might have weighed on its bottom line.

Sterling (STRL) to Report Q2 Earnings: What's in Store?

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that our Specialty Services segment was awarded projects totaling $159 million during the second quarter of 2021. Significant projects included distribution centers, data centers, e-commerce projects, industrial warehouses, and multi-family residential facilities. “We continue to be excited about the end market growth and our ability to bid, win, and execute

Sterling Awarded Specialty Services Projects Totaling $159 Million During the Second Quarter of 2021

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL), ("Sterling" or the "Company") today announced that its Chief Executive Officer, Joe Cutillo and Executive Vice President & CFO, Ronald Ballschmiede are scheduled to present at the Jefferies Virtual Industrials Conference on Wednesday, August 4, 2021 beginning at 2:00 pm ET. STRL's management will be available for one-on-one meetings all day. To schedule a meeting please contact your Jefferies instit

News for Sterling Construction Stock (STRL)