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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sterling Construction (STRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Sterling Construction (STRL) to Report a Decline in Earnings: What to Look Out for

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 second quarter of 2021 on Monday, August 2, 2021 after the stock market closes. Sterling's management will host a conference call on Tuesday, August 3, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 second quarter results, as well as the 2021 outlook. Interested parties may participate in the call by di

Sterling Construction Schedules 2021 Second Quarter Release and Conference Call

EMCOR Group

MasTec

Orion Group Hlds

Heavy Construction Industry Looks Impressive: 4 Top Stocks to Buy

Sterling Construction (STRL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Sterling Construction (STRL) Stock Jumps 8.6%: Will It Continue to Soar?

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that it has amended its existing credit agreement with its lending group, led by BMO Harris Bank N.A., to modify various aspects of the agreement, including and most significantly: Reduces the current interest rate on the Credit Agreement borrowings by two percentage points. Lowers the prospective mandatory quarterly payments on the Credit Agreement from $12.

Sterling Amends Existing Credit Agreement, Significantly Reducing Interest Expense and Enhancing Financial Flexibility

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that the Company has been ranked #11 in the Houston Chronicle's Top 100 Performing Companies of 2020 and ranked #5 in revenue growth for that same grouping. The Chronicle 100 is a list of publicly traded companies in the Houston area that are ranked based on the average of four performance criteria rankings: total revenue, EPS growth, revenue growth and one-y

Sterling Ranked #11 in Houston Chronicle's Top 100 Performing Companies of 2020

Apple

Disney

SPDR Gold Trust

Alphabet

Nucor

Once a year, I devote this column to a rundown on the stocks I own. Here are the stocks in the model portfolio of Dorfman Value Investments.

These Are the Stocks I Own for My Clients

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 Stifel 2021 Virtual Cross Sector Insight Conference on Wednesday, June 9, 2021 beginning at 10:00 AM EDT. STRL's management will be available for one-on-one meetings all day. To schedule a meeting please contact your Stife

Sterling Construction to Participate in the Stifel Virtual Cross Sector Insight Conference on Wednesday, June 9th

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q1 2021 Results - Earnings Call Transcript

The stock price of Sterling Construction Company, Inc. (NASDAQ: STRL) increased from $20.98 to $23.23 (up 10.72%) during intraday trading this morning. This is why it happened.

STRL Stock: From $20.98 To $23.23 (10.72% Increase) Intraday Explanation

Shares of Sterling Construction Co (NASDAQ:STRL) moved higher by 2.5% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 216.67% over the past year to $0.38, which beat the estimate of $0.21.

Recap: Sterling Construction Co Q1 Earnings

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the first quarter 2021. Consolidated First Quarter 2021 Financial Results Compared to First Quarter 2020: Revenues were $315.3 million compared to $296.7 million; Gross margin was 14.3% of revenues compared to 11.9%; Operating income was $22.8 million compared to $12.1 million; Net Income was $10.6 million compared to $3.1 million; EPS w

Sterling Reports Record First Quarter 2021 Results

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 approximately $170 million during the first quarter of 2021. Significant projects included data centers, large distribution centers, an e-commerce project and a healthcare project in Florida. The majority of these awards commenced work during the quarter. “Our Specialty Services business contin

Sterling Awarded Specialty Services Projects Totaling Approximately $170 Million During the First 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 first quarter of 2021 on Monday, May 3, 2021 after the stock market closes. Sterling's management will host a conference call on Tuesday, May 4, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 first quarter results, as well as the 2021 outlook. Interested parties may participate in the call by dialing (2

Sterling Construction Schedules 2021 First Quarter Release and Conference Call

Sterling benefits from the rise of ecommerce and digital infrastructure; the brewing highway infrastructure bill; and growing Texas real estate markets. Sterling has a proven management team that has transformed and diversified the company.

Sterling Construction: Three Growing Infrastructure Themes In One, And For Cheap

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q4 2020 Results - Earnings Call Transcript

Shares of Sterling Construction Co (NASDAQ:STRL) decreased 2.8% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 9.09% year over year to $0.20, which missed the estimate of $0.23.

Recap: Sterling Construction Co Q4 Earnings

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the fourth quarter and full year ended 2020. Consolidated Fourth Quarter 2020 Financial Results Compared to Fourth Quarter 2019: Revenues were $347.2 million compared to $346.5 million; Gross margin was 13.4% of revenues compared to 9.7%; Operating income was $20.9 million compared to $9.7 million or $11.9 million on an adjusted basis(1)

Sterling Reports Strong 2020 Fourth Quarter and Record Full Year Results

Sterling Construction (STRL) fourth-quarter 2020 results are likely to have benefited from robust performances of specialty services and residential segments.

What's in Store for Sterling Construction (STRL) Q4 Earnings?

Dycom Industries

Primoris Services

Tutor Perini

5 Top Stocks From the Prospering Heavy Construction Industry

Sterling Construction (STRL) closed the most recent trading day at $21.64, moving -1.19% from the previous trading session.

Sterling Construction (STRL) Stock Sinks As Market Gains: What You Should Know

Boise Cascade

HMS Hlds

Penske Automotive Group

Verint Systems

It's been a volatile trading week, with “Reddit investors” upending institutional investors and hedge funds by influencing a stock market rally for underperforming stocks.

Top Stocks To Buy Today As Johnson & Johnson Vaccine Underwhelms Markets

AAON

Cable One

Lennar

M.D.C. Holdings

Stocks came back down to earth to kick off the week after seeing robust gains to begin 2021. For investors looking to make the most of this market, our deep learning algorithms have crunched the data to give you a set of Top Buys.

Top Stocks To Buy Today As Markets Fall From Record Highs

Bull Of The Day: Sterling Construction (STRL)

Sterling Construction Company, Inc. (STRL) CEO Joseph Cutillo on Q3 2020 Results - Earnings Call Transcript

News for Sterling Construction Stock (STRL)