Sterling Construction Company Inc reports results for the quarter ended in March - Earnings Summary

Sterling Infrastructure

02/05/2022 22:01

* Sterling Construction Company Inc  STRL.OQ  reported
quarterly
adjusted earnings of 64 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 42 cents per share.
    * Revenue rose 30.1% to $410.32 million from a year ago; 
analysts
expected $373.90 million. 
    * Sterling Construction Company Inc's reported EPS for the
quarter
was 64 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sterling Construction Company Inc shares had fallen
by 14.6%
this quarter and lost 13.0% so far this year.
    * The company reported quarterly net income of $19.25
million.
    * Wall Street's median 12-month price target for Sterling
Construction Company Inc is $36.00 
    * 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." 

This summary was machine generated May 2 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated