Sterling Construction Company Inc expected to post earnings of 52 cents a share - Earnings Preview

Sterling Infrastructure

30/07/2021 21:27

* Sterling Construction Company Inc  STRL.OQ   STRL.O  is
expected to show a fall in quarterly revenue when it reports
results on August 2. 
* The The Woodlands, Texas-based company is expected to report 
 a 0.7% decrease in revenue to $397.15 million from $400.04
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Sterling Construction
Company Inc is for earnings of 52 cents per share. For the same
quarter last year, the company reported earnings of 65 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Sterling
Construction Company Inc is $27​, about 18.8% above​ its last
closing price of $21.93. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.21        0.21       0.37      Beat    75.4
 Dec. 31 2020  0.23        0.24       0.20      Missed  -14.9
 Sep. 30 2020  0.45        0.45       0.55      Beat    22.2​
 Jun. 30 2020  0.31        0.32       0.65      Beat    106.3
 Mar.          0.22​       0.22       0.12      Missed  -45.5​
 31​ 2020​                                              
 Dec. 31 2019  0.25        0.26       0.22      Missed  -13.7​
 Sep. 30 2019  0.41        0.41       0.37      Missed  -9.8
 Jun. 30 2019  0.31        0.31       0.29      Missed  -4.9
 This summary was machine generated July 30 at 20:27 GMT.  All
figures in US dollars unless otherwise stated