Sterling Construction Company, Inc. Stock News

THE WOODLANDS, Texas , May 5, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the first quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted.

The S&P 500 has notched seven days of consecutive gains as Donald Trump has signalled he will lower the 145% reciprocal tariff on China and ease pressure on the Federal. While U.S. equities rebound, corporate earnings could help clarify how tariffs have impacted corporate America thus far as more profitability data trickles in. While optimism on Wall Street should be tempered, a number of funda...

THE WOODLANDS, Texas , April 24, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2025 on Monday, May 5, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 6, 2025, at 9:00 am ET/8:00 am CT to discuss the first...

The E-Infrastructure segment remains resilient, and is expected to drive top line growth further with strong data center and with a $1.7 billion backlog. The company's margins are expected to improve due to a shift towards high-margin projects and a focus on operational efficiency. STRL stock remains a BUY as valuations remain attractive, and growth prospects are still favorable.

THE WOODLANDS, Texas , March 20, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") has published its 2025 Sustainability Report titled, Building Tomorrow Today. The report highlights Sterling's ongoing sustainability efforts and Environmental, Social and Governance (ESG)-related activities and business practices.

THE WOODLANDS, Texas , March 14, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Ronald A. Ballschmiede, the Company's Executive Vice President, as Sterling's interim Principal Financial Officer and Principal Accounting Officer, effective March 14 th.

Sterling Infrastructure is an American company whose business is focused on construction and providing infrastructure solutions. STRL's core business is linked to the U.S. construction cycle, heavily influenced by the Fed's interest rate policies and economic conditions. We can see a growth in earnings per share that has been very accelerated in recent years, from a value of $0.10 per share in ...

Sterling Infrastructure's mixed quarterly results and shrinking E-Infrastructure backlog raise concerns about the cooling data center market and future growth prospects. Despite a solid FY'24 performance, the company's reliance on data centers and potential slowdown in demand pose risks to hitting FY'25 targets. The company's valuation is attractive after a 34% YTD decline, but I recommend wait...