Sterling Infrastructure Inc expected to post earnings of 56  cents a share - Earnings Preview

Sterling Infrastructure

28/04/2023 22:06

* Sterling Infrastructure Inc  STRL.OQ   STRL.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 1. 
    * The The Woodlands Texas-based  company is expected to
report  a
8.5% decrease in revenue to $375.633 million from $410.32
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sterling
Infrastructure
Inc is for earnings of 56 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
Infrastructure Inc is $45​, above​ its last closing price
of $36.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.68        0.68       1.03      Beat    52.4
 Sep. 30 2022  0.87        0.87       0.97      Beat    11.1
 Jun. 30 2022  0.73        0.72       0.86      Beat    18.8​
 Mar. 31 2022  0.42        0.42       0.65      Beat    55.9
 ​​Dec.        0.36        0.37       0.47      Beat    27
 31 2021                                                
 Sep. 30 2021  0.58        0.58       0.72      Beat    24.1​
 Jun. 30 2021  0.51        0.52       0.69      Beat    32.7
 Mar. 31 2021  0.21        0.21       0.37      Beat    75.4
 This summary was machine generated April 28 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated