Recap: Sterling Infrastructure Q4 Earnings

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Sterling Infrastructure STRL reported its Q4 earnings results on Monday, February 26, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Sterling Infrastructure beat estimated earnings by 30.0%, reporting an EPS of $1.3 versus an estimate of $1.0.

Revenue was up $37.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 16.0% drop in the share price the next day.

Here's a look at Sterling Infrastructure's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.25 0.93 0.56 0.68
EPS Actual 1.26 1.27 0.64 0.66
Revenue Estimate 565.80M 491.50M 375.63M 437.73M
Revenue Actual 560.35M 522.33M 403.58M 448.61M

To track all earnings releases for Sterling Infrastructure visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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