Workflow
Sterling Infrastructure (STRL) Q1 Earnings and Revenues Top Estimates
STRLSterling Infrastructure(STRL) ZACKS·2025-05-05 22:35

Core Viewpoint - Sterling Infrastructure (STRL) reported quarterly earnings of 1.63pershare,exceedingtheZacksConsensusEstimateof1.63 per share, exceeding the Zacks Consensus Estimate of 1.58 per share, and showing an increase from 1pershareayearago,indicatingapositiveearningssurpriseof3.161 per share a year ago, indicating a positive earnings surprise of 3.16% [1] Financial Performance - The company achieved revenues of 430.95 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.69%, although this represents a decline from year-ago revenues of 440.36million[2]Overthelastfourquarters,SterlingInfrastructurehasconsistentlysurpassedconsensusEPSestimates,achievingthisfourtimes[2]StockPerformanceSincethebeginningoftheyear,SterlingInfrastructureshareshavedecreasedbyapproximately1.7440.36 million [2] - Over the last four quarters, Sterling Infrastructure has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Since the beginning of the year, Sterling Infrastructure shares have decreased by approximately 1.7%, while the S&P 500 has declined by 3.3%, indicating relative outperformance [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is 2.14 on revenues of 535.3million,andforthecurrentfiscalyear,itis535.3 million, and for the current fiscal year, it is 8.21 on revenues of $2.03 billion [7] Industry Context - The Engineering - R and D Services industry, to which Sterling Infrastructure belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a favorable industry outlook [8]