Sterling Construction Q4 Earnings Preview


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Sterling Construction (NASDAQ:STRL) announces its next round of earnings Monday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.

Earnings and Revenue

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Analysts covering Sterling Construction modeled for quarterly EPS of 13 cents per share on revenue of $221.5 million.

Sterling Construction's loss in the same period a year ago was 25 cents per share. Quarterly sales came in at $168.34 million. The Wall Street estimate would represent a 152 percent increase in the company's earnings. Revenue would be up 31.59 percent from the year-ago period.

Here's how the Sterling Construction's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.23     -0.24
EPS Actual 0.26 0.26 -0.09 -0.25


Stock Performance

Over the last 52-week period, shares are up 29.09 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Sterling Construction. The strength of this rating has maintained conviction over the past three months.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews