Sterling Infrastructure (NASDAQ: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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