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Investors interested in Engineering - R and D Services stocks are likely familiar with Sterling Infrastructure (STRL) and Aecom Technology (ACM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strat ...

Core Insights - Sterling Infrastructure reported second-quarter earnings that significantly exceeded expectations, leading to a rise in share price and an increase in full-year guidance [2][3][5] Financial Performance - In Q1, Sterling achieved 11.6% revenue growth to $582.8 million and a 31% increase in earnings per share (EPS) to $1.67, both surpassing analyst estimates [3] - Full-year revenue guidance was raised to a range of $2.15 billion to $2.225 billion, and diluted EPS guidance was increased to $5.60 to $5.75, up from previous estimates [3] Market Segments - Sterling operates in three main segments: E-infrastructure solutions, Transportation solutions, and Building solutions [4] - E-infrastructure revenue declined by 7%, but operating income grew by 20%, driven by 100% growth in the higher-margin data center segment [4] - The Transportation segment surged by 54%, with operating profits increasing by 57%, attributed to strong public-private infrastructure investments from the Bipartisan Infrastructure Act of 2021 [4] Investment Outlook - Sterling Infrastructure is viewed as a solid growth opportunity, trading at 18.8 times the recently raised EPS guidance, with a strong net cash position [5]

Start Time: 09:00 January 1, 0000 9:40 AM ET Sterling Infrastructure, Inc. (NASDAQ:STRL) Q2 2024 Earnings Conference Call August 06, 2024, 09:00 AM ET Company Participants Joe Cutillo - CEO Sharon Villaverde - CFO Noelle Dilts - VP, IR and Corporate Strategy Conference Call Participants Brent Thielman - D.A. Davidson Adam Thalhimer - Thompson Davis Julio Romero - Sidoti Operator Good morning, ladies and gentlemen, and welcome to the Sterling Infrastructure Second Quarter 2024 Conference Call and Webcast. At ...

| --- | --- | |------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | Q2 2024 Earnings Call August 6, 2024 | | | We build and service the infrastructure that enables our economy to run, our people to move, and our country to grow. | | ST DISCLOSURE: Forward-Looking Statements This presentation contains, and the officers and directors of the Company may from time to time make, statements that are considered forwardlookin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 1-31993 STERLING INFRASTRUCTURE, INC. (Exact name of registrant as specified in its charter) Delaware 25-1655321 (State or other jurisdi ...

Exhibit 99.1 NEWS RELEASE For Immediate Release: August 5, 2024 Sterling Reports Record Second Quarter 2024 Results and Raises Full Year Guidance THE WOODLANDS, TX – August 5, 2024 – Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Second Quarter 2024 Results • Revenues of $582.8 million, an increase of 12% • Gross margin of 19.3%, ...

Sterling Infrastructure, Inc. (STRL) is scheduled to report second-quarter 2024 results on Aug 5, after the closing bell. In the first quarter, Sterling's revenues, though, missed the Zacks Consensus Estimate by 2.9% but grew 9% year over year despite challenging weather. The company achieved a record gross margin of 17.5% and delivered earnings per share (EPS) of $1.00 (beating the consensus mark by 22%). It ended the quarter with a backlog exceeding $2.35 billion, up 45% year over year, and secured awards ...

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Sterling's management will host a conference call on Tuesday, August 6, 2024, at 9:00 am ET/8:00 am CT to discuss the second quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www.strlco.com on the Events & Presentations section of the Inve ...