Sterling Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
Sterling Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
Sterling Infrastructure Inc STRL.OQ reported quarterly adjusted earnings of $5.00 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.31. The mean expectation of eight analysts for the quarter was for earnings of $4.62 per share. Wall Street expected results to range from $4.15 to $5.24 per share.
Revenue rose 90.1% to $1.17 billion from a year ago; analysts expected $989.78 million.
Sterling Infrastructure Inc's reported EPS for the quarter was $5.00.
The company reported quarterly net income of $155.83 million.
Sterling Infrastructure Inc shares had fallen by 28.9% this quarter and gained 94.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 36.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is "buy."
Wall Street's median 12-month price target for Sterling Infrastructure Inc is $953.00, about 37.4% above its last closing price of $596.77
This summary was machine generated from LSEG data August 3 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 4.62 | 5.00 | Beat |
Mar. 31 2026 | 2.01 | 3.09 | Beat |
Dec. 31 2025 | 2.23 | 2.81 | Beat |
Sep. 30 2025 | 2.48 | 2.97 | Beat |
Recent news on Sterling Infrastructure
See all newsBrief: Sterling Appoints Katherine Hargis As Senior Vice President, General Counsel, Chief Compliance Officer, And Corporate Secretary
U.S. RESEARCH ROUNDUP-Health Catalyst, Nektar Therapeutics, TIC Solutions
Sterling Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
Sterling Infrastructure Q2 revenue beats estimates on E-Infrastructure growth
Brief: Sterling Infrastructure Q2 Revenue USD 1,168.179 Million Vs. IBES Estimate USD 989.8 Million