The earnings call for Sterling Infrastructure demonstrated strong financial performance, with significant growth in revenue, EPS, and EBITDA, especially in the E-Infrastructure and Transportation segments. The company also raised its financial guidance for the year. However, challenges remain in the Building Solutions segment due to market conditions. Overall, the highlights significantly outweigh the lowlights.

Company Guidance -

Q3 2025

During the Sterling Infrastructure second quarter earnings call for 2025, guidance included several key metrics highlighting the company's robust financial performance and optimistic outlook. Revenue for the quarter increased by 21%, driven by a 29% rise in the E-Infrastructure Solutions segment and a 24% growth in the Transportation segment. The company reported a 41% increase in adjusted earnings per share, reaching $2.69, and a 35% rise in adjusted EBITDA, totaling $126 million. The gross profit margin expanded by 400 basis points to 23.3%, with operating cash flow at a strong $85 million. Sterling's backlog at the end of the quarter stood at $2 billion, marking a 24% year-over-year increase. The guidance for full-year 2025 projects revenue between $2.1 billion and $2.15 billion, and adjusted EBITDA between $438 million and $453 million, representing a 6% increase from previous guidance. Additionally, the book-to-burn ratios for the second quarter were 0.77x for backlog and 1.03x for combined backlog.

Strong Revenue Growth

Sterling Infrastructure reported a 21% revenue growth for the quarter, driven by a 29% increase in E-Infrastructure Solutions and 24% growth in the Transportation segment.

Significant EPS and EBITDA Increase

Adjusted earnings per share grew by 41% to $2.69, and adjusted EBITDA increased by 35% to $126 million.

Gross Profit Margin Expansion

The gross profit margin expanded by 400 basis points from the prior year to 23.3%.

E-Infrastructure Backlog Growth

The E-Infrastructure Solutions backlog grew by 44% to $1.2 billion.

Transportation Solutions Profit Growth

Adjusted operating profit for the Transportation segment grew by 78%, benefiting from a mix shift towards higher-margin services.

Strong Cash and Balance Sheet Position

Sterling concluded the quarter with $699.4 million in cash against $298.2 million in debt, resulting in a cash net of debt balance of $401.2 million.

Increased Financial Guidance

The company raised its revenue guidance to $2.1 billion to $2.15 billion and adjusted EPS guidance to $9.21 to $9.47.

Sterling Construction (STRL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

STRL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	2.79 / -	1.972	―	―	―
Aug 04, 2025	2025 (Q2)	2.25 / 2.69	1.673	60.79% (+1.02)
May 05, 2025	2025 (Q1)	1.45 / 1.63	1.001	62.84% (+0.63)
Feb 25, 2025	2024 (Q4)	1.33 / 1.46	1.3	12.31% (+0.16)
Nov 06, 2024	2024 (Q3)	1.71 / 1.97	1.26	56.51% (+0.71)
Aug 05, 2024	2024 (Q2)	1.42 / 1.67	1.27	31.73% (+0.40)
May 06, 2024	2024 (Q1)	0.66 / 1.00	0.64	56.41% (+0.36)
Feb 26, 2024	2023 (Q4)	1.00 / 1.30	0.66	96.97% (+0.64)
Nov 06, 2023	2023 (Q3)	1.25 / 1.26	0.97	29.90% (+0.29)
Aug 07, 2023	2023 (Q2)	0.93 / 1.27	0.86	47.67% (+0.41)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

STRL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$271.74	$296.58	+9.14%
May 05, 2025	$166.66	$171.95	+3.17%
Feb 25, 2025	$115.94	$122.16	+5.36%
Nov 06, 2024	$175.42	$174.31	-0.63%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sterling Construction (STRL) report earnings?

Sterling Construction (STRL) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Sterling Construction (STRL) earnings time?

Sterling Construction (STRL) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is STRL EPS forecast?

STRL EPS forecast for the fiscal quarter 2025 (Q3) is 2.79.

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