Sterling Infrastructure (NASDAQ:STRL – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Sterling Infrastructure has set its FY24 guidance at $4.85-5.15 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Sterling Infrastructure (NASDAQ:STRL – Get Free Report) last announced its quarterly earnings data on Monday, February 26th. The construction company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.30. Sterling Infrastructure had a net margin of 7.03% and a return on equity of 24.75%. The business had revenue of $485.98 million during the quarter, compared to the consensus estimate of $526.90 million. On average, analysts expect Sterling Infrastructure to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Sterling Infrastructure Stock Performance
Shares of NASDAQ STRL opened at $101.15 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.50. The firm’s 50-day moving average price is $105.92 and its two-hundred day moving average price is $85.89. Sterling Infrastructure has a 52-week low of $39.30 and a 52-week high of $116.36. The stock has a market capitalization of $3.13 billion, a P/E ratio of 22.73, a P/E/G ratio of 1.01 and a beta of 1.21.
Insider Activity at Sterling Infrastructure
Wall Street Analysts Forecast Growth
Separately, DA Davidson restated a “neutral” rating and set a $115.00 price objective (up previously from $86.00) on shares of Sterling Infrastructure in a research report on Wednesday, February 28th.
Read Our Latest Stock Analysis on Sterling Infrastructure
About Sterling Infrastructure
Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.
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