Sterling Infrastructure Inc expected to post earnings of 68  cents a share - Earnings Preview

Sterling Infrastructure

25/02/2023 03:04

* Sterling Infrastructure Inc  STRL.OQ   STRL.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 27. 
    * The The Woodlands Texas-based  company is expected to
report  a
9.1% increase in revenue to $437.733 million from $401.34
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 68 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 $37.5​, below​ its last closing price
of $38.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.36        0.37       0.47      Beat    27
 ​​Sep.        0.58        0.58       0.72      Beat    24.1
 30 2021                                                
 Jun. 30 2021  0.51        0.52       0.69      Beat    32.7​
 Mar. 31 2021  0.21        0.21       0.37      Beat    75.4
 Dec. 31 2020  0.23        0.24       0.20      Missed  -14.9
 This summary was machine generated February 25 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated