What To Expect From Sterling Infrastructure ($STRL) Q3 Earnings?

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Sterling Infrastructure's (NASDAQ: STRL) third quarter financial results release is scheduled for Wednesday 6th November 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

According to the predictions of financial experts on Wall Street, the firm is set to unveil an estimated $1.71 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $613.63 million for the specific period.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $2.17 billion. Moreover, they anticipate the company to disclose profit of $5.67 per share for the fiscal year.

The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.26. This considerable sum was attributed to the company's total revenue, which reached an impressive $560.35 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.67 +31.5% 582.82 M +11.6%
Q1 2024 $1.00 +56.3% 440.36 M +9.1%
Q4 2023 $1.30 +97.0% 485.98 M +8.3%
Q3 2023 $1.26 +29.9% 560.35 M +0.6%
Q2 2023 $1.27 +47.7% 522.33 M +2.3%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 7th November 2024 at 10:00 AM eastern time to discuss Q3 financial results.

Sterling Infrastructure (STRL) closed Friday's regular trading session at $153.66, showing a 0.51 percent decline, with a volume of 221.40 thousand shares.