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Sterling Construction (STRL)
NASDAQ:STRL
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.45Last Year’s EPS
1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -2.35%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in adjusted EPS, gross profit margins, and e-infrastructure backlog, with strong data center market performance. However, there were challenges, including a decline in transportation solutions backlog, building solutions revenue, and residential slab business. Overall, the positive aspects and future outlook seem to slightly outweigh the lowlights.Company Guidance
During the Sterling Infrastructure fourth quarter and full-year 2024 earnings call, the company provided robust financial guidance and shared positive outlooks across its business segments. For 2024, Sterling reported a 37% increase in adjusted EPS, with total revenue climbing 7% to $2.1 billion. The company achieved an adjusted EBITDA of $320 million, exceeding its guidance. Looking forward to 2025, Sterling projects revenues between $2 billion and $2.15 billion, with a gross profit margin of 21% to 22%. The company expects diluted EPS to be in the range of $6.75 to $7.25 and adjusted EPS between $7.90 and $8.40. They forecast EBITDA to grow to $370 million to $395 million, while adjusted EBITDA is expected to be between $395 million and $420 million. The e-infrastructure segment saw significant growth, with an operating margin reaching 24.1% in the fourth quarter, driven primarily by data center projects. In transportation solutions, the company expects flat revenue but anticipates operating profit growth in the low to mid-teens. Building solutions are positioned for low single-digit revenue growth, with anticipated margin expansion as the company targets higher-margin residential projects. Overall, Sterling remains optimistic about its growth trajectory and market opportunities, particularly in the e-infrastructure sector.Adjusted EPS Growth
Sterling achieved a 37% adjusted EPS growth, marking the fourth consecutive year of over 35% growth.
Gross Profit Margin and Cash Flow
Gross profit margin reached 20.1%, exceeding targets, with nearly $500 million in operating cash flow.
E-infrastructure Backlog
E-infrastructure backlog surpassed $1 billion for the first time in company history, a 27% increase from the prior year.
Strong E-infrastructure Segment Performance
Full-year segment operating income grew 44% with operating margins reaching 22%, driven by mission-critical projects.
Data Center Revenue Growth
Data center market drove infrastructure revenue growth, increasing more than 50% over the prior year.
2025 Guidance
Forecasts include revenue growth of 10%, adjusted EPS growth of 15%, and adjusted EBITDA growth of 18%.
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STRL Earnings History
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
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STRL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $115.94 | $122.16 | +5.36% |
| Nov 06, 2024 | $175.42 | $174.31 | -0.63% |
| Aug 05, 2024 | $102.56 | $106.15 | +3.50% |
| May 06, 2024 | $105.37 | $122.00 | +15.78% |
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.
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FAQ
When does Sterling Construction (STRL) report earnings?
Sterling Construction (STRL) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Sterling Construction (STRL) earnings time?
Sterling Construction (STRL) earnings time is at May 05, 2025, TBA Not 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 (Q1) is 1.45.
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