Sterling Infrastructure: Q4 Earnings Snapshot

THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Sterling Infrastructure, Inc. (STRL) on Monday reported fourth-quarter earnings of $31.7 million.

The The Woodlands, Texas-based company said it had profit of $1.03 per share. Earnings, adjusted to account for discontinued operations, came to 66 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The civil construction company posted revenue of $448.6 million in the period.

For the year, the company reported profit of $106.5 million, or $3.48 per share. Revenue was reported as $1.77 billion.


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