Sterling Infrastructure Inc expected to post earnings of 72  cents a share - Earnings Preview

Sterling Infrastructure

29/07/2022 21:29

* Sterling Infrastructure Inc  STRL.OQ   STRL.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 1. 
    * The The Woodlands Texas-based  company is expected to
report  a
19.5% increase in revenue to $479.9 million from $401.67 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sterling
Infrastructure
Inc is for earnings of 72 cents per share. For the same quarter
last year, the company reported earnings of 69 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 $35​, above​ its last closing price
of $25.19. ​​​

This summary was machine generated July 29 at 20:29 GMT.  All
figures in US dollars  unless otherwise stated