Sterling Infrastructure GAAP EPS of $1.97 beats by $0.29, revenue of $593.74M misses by $14.21M

seekingalpha

07 Nov 2024

Sterling Infrastructure press release (NASDAQ:STRL): Q3 GAAP EPS of $1.97 beats by $0.29.
Revenue of $593.74M (+6.0% Y/Y) misses by $14.21M.
Cash and Cash Equivalents totaled $648.1 million at September 30, 2024
Backlog at September 30, 2024, was $2.06 billion
Combined backlog at September 30, 2024, was $2.37 billion.
2024 Outlook: Revenue of $2.150 billion to $2.175 billion, vs. consensus $2.17B.
Net Income of $180 million to $185 million
Diluted EPS of $5.85 to $6.00 vs. consensus $5.66
EBITDA⁽¹⁾ of $310 million to $315 million.

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Revenue of $593.74M (+6.0% Y/Y)  misses by $14.21M. Cash and Cash Equivalents totaled $648.1 million at ...</p>\n\n<a href=\"https://seekingalpha.com/news/4257724-sterling-infrastructure-gaap-eps-of-1_97-beats-0_29-revenue-of-593_74m-misses-14_21m\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STRL","symbol_name":"Sterling Construction Company In","start_time":0,"source_url":"https://seekingalpha.com/news/4257724-sterling-infrastructure-gaap-eps-of-1_97-beats-0_29-revenue-of-593_74m-misses-14_21m","article_id":"2481950379","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481950379","pubTimestamp":1730928592,"columns":[],"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"Sterling Infrastructure press release : Q3 GAAP EPS of $1.97  beats by $0.29. 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