Sterling Construction

Sterling Infrastructure, Inc. engages in the provision of construction solutions. It operates through the following segments: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The Transportation Solutions segment includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems. The E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy, and more. The Building Solutions segment projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work. The company was founded in 1955 and is headquartered in The Woodlands, TX.

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Sterling Construction reports robust earnings, eyes growth in key sectors

Sterling Construction's strong financial performance in 2022 positions it well for continued growth in 2023. With a focus on key segments and strategic acquisitions, the company aims to navigate challenges and capitalize on emerging opportunities.

Sterling Construction posts strong Q1 results, eyes margin improvements

Sterling Construction delivers robust Q1 performance amidst supply chain challenges.
Segment-wise revenue growth and margin improvements highlight operational strengths.
Challenges include margin pressures in Building Solutions and resource reallocation.
Opportunities lie in aviation work surge, higher-margin projects, and backlog expansion.

Sterling Construction reports strong Q2 earnings, eyes growth opportunities

Sterling Construction (STRL) delivered a robust performance in Q2 2023, marked by revenue growth, increased operating income, and strong guidance for the full year.
The company's focus on operational efficiency, technology investments, and diversified revenue streams underpin its growth strategy and value creation for shareholders.
While facing challenges like supply chain disruptions, Sterling Construction remains well-positioned to capitalize on opportunities in the construction sector and drive sustainable growth.
Management's emphasis on financial discipline, debt management, and strategic investments reflects a proactive approach to navigating industry dynamics and delivering long-term shareholder value.

Sterling Construction (STRL) reports robust Q3 earnings and raises full-year guidance

Sterling Construction's Q3 results reflect strong financial performance, operational excellence, and strategic growth initiatives.
The company's increased backlog, revenue growth, and improved earnings guidance position it well for future success and value creation.
With a focus on diverse solutions and market sectors, Sterling Construction is poised to capitalize on growth opportunities and deliver shareholder value.
Robust operating cash flow and solid financial position underscore the company's resilience and ability to navigate market challenges effectively.

Sterling Construction reports robust 2023 growth and optimistic 2024 outlook

Sterling Construction (STRL) delivered strong financial results in Q4 2023 and full year 2023, showcasing growth in adjusted EPS, revenue, and operating cash flow.
While facing challenges in the E-Infrastructure segment, the company's Transportation and Building Solutions segments demonstrated robust performance and growth drivers.
Management's strategic focus on expansion, acquisitions, and operational improvements, coupled with a positive outlook for 2024, underlines Sterling Construction's commitment to sustained success.

Sterling Construction (STRL) reports record Q1 earnings and raises guidance

Sterling Construction's Q1 2024 performance reflects robust financial metrics, strong revenue growth, and increased backlog across its key segments, positioning the company for continued success.
While facing operational challenges in managing the growing backlog and maintaining profitability, Sterling Construction's focus on safety, efficiency, and strategic growth initiatives presents opportunities for sustained performance.
With a positive outlook for 2024 and confidence in achieving higher-end financial targets, Sterling Construction remains well-equipped to navigate industry dynamics and drive value for stakeholders.

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Sterling benefits from the rise of ecommerce and digital infrastructure; the brewing highway infrastructure bill; and growing Texas real estate markets. Sterling has a proven management team that has transformed and diversified the company.

Sterling Construction: Three Growing Infrastructure Themes In One, And For Cheap

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q4 2020 Results - Earnings Call Transcript

Shares of Sterling Construction Co (NASDAQ:STRL) decreased 2.8% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 9.09% year over year to $0.20, which missed the estimate of $0.23.

Recap: Sterling Construction Co Q4 Earnings

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the fourth quarter and full year ended 2020. Consolidated Fourth Quarter 2020 Financial Results Compared to Fourth Quarter 2019: Revenues were $347.2 million compared to $346.5 million; Gross margin was 13.4% of revenues compared to 9.7%; Operating income was $20.9 million compared to $9.7 million or $11.9 million on an adjusted basis(1)

Sterling Reports Strong 2020 Fourth Quarter and Record Full Year Results

Sterling Construction (STRL) fourth-quarter 2020 results are likely to have benefited from robust performances of specialty services and residential segments.

What's in Store for Sterling Construction (STRL) Q4 Earnings?

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Sterling Construction (STRL) closed the most recent trading day at $21.64, moving -1.19% from the previous trading session.

Sterling Construction (STRL) Stock Sinks As Market Gains: What You Should Know

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Bull Of The Day: Sterling Construction (STRL)

Sterling Construction Company, Inc. (STRL) CEO Joseph Cutillo on Q3 2020 Results - Earnings Call Transcript

Sterling Construction (STRL) delivered earnings and revenue surprises of 17.02% and -1.32%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Sterling Construction (STRL) Beats Q3 Earnings Estimates

Sterling Construction is appealing on both a micro and macro level. The company stands to benefit from increased US infrastructure spending.

Sterling Construction Is Both A Micro And A Macro Investment

Sterling Construction (STRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sterling Construction (STRL) Earnings Expected to Grow: Should You Buy?

Sterling Construction (STRL) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Sterling Construction (STRL) Jumps: Stock Rises 6.7%

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Sterling Construction is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Sterling Construction Company

Does Sterling Construction (STRL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Sterling Construction (STRL) is a Great Choice

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Sterling Construction Company, Inc. (STRL) CEO Joseph Cutillo on Q2 2020 Results - Earnings Call Transcript

Sterling Construction (STRL) delivered earnings and revenue surprises of 109.68% and 16.39%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Sterling Construction (STRL) Q2 Earnings and Revenues Beat Estimates

Sterling Construction (STRL) to Report Q2 Results: Wall Street Expects Earnings Growth

Sterling Construction Company's (STRL) CEO Joe Cutillo on Q1 2020 Results - Earnings Call Transcript

Sterling Construction Company, Inc. (STRL) CEO Joe Cutillo on Q4 2019 Results - Earnings Call Transcript

News for Sterling Construction Stock (STRL)