财务业绩 - 公司收入为5.828亿美元，同比增长11.6%[102] - 公司毛利为1.127亿美元，同比增长22.2%[104] - 公司毛利率为19.3%，同比提升1.6个百分点[101] 业务分部表现 - E-Infrastructure Solutions业务收入下降18.8百万美元[102] - Transportation Solutions业务收入增长81.7百万美元[102] - Building Solutions业务收入下降2.4百万美元[102] 订单情况 - 公司在手订单(Backlog)为21亿美元，较上年末增加1.5%[98] - 公司未签约订单(Unsigned Awards)为3.472亿美元，较上年末增加14.5%[99] - 公司合计在手订单(Combined Backlog)为24.5亿美元，较上年末增加3.4%[99] - 公司在手订单毛利率为16.0%，较上年末提升0.8个百分点[98] 费用情况 - 公司第二季度一般及行政费用为2790万美元，占收入的4.8%，同比增加[107] - 公司预计2024年全年一般及行政费用将占收入约5%[107] - 其他营业费用净额增加主要是由于合并子公司利润份额增加260万美元和应付或有对价费用增加100万美元[109][110] - 利息净支出从2023年同期的550万美元下降至2024年第二季度的20万美元，主要是由于2024年现金余额增加导致利息收入增加[111] - 2024年第二季度和上半年的有效所得税率分别为24.8%和22.4%，主要受限于不可抵扣补偿、州所得税和其他永久性差异的影响[112] 现金流 - 公司现金及现金等价物余额从2023年底的4.72亿美元增加至2024年6月底的5.40亿美元[123] - 经营活动产生的现金流量从2023年同期的1.81亿美元下降至2024年上半年的1.71亿美元，主要受合同资本变动的影响[125][126][127] 合资项目 - 公司参与多个建筑工程合资企业以分享专业知识、风险和资源[131] - 截至2024年6月30日,未完成的合资建筑工程合同金额约为1.95亿美元,其中公司应占比例约为9600万美元[132] - 如果合资伙伴无法履约,公司将承担完成剩余工作的全部责任[132] - 截至2024年6月30日,公司并未发现任何需要履行合资伙伴责任的情况[132] 风险管理 - 公司的利率风险主要来自可变利率的信贷融资和现金余额[135] - 如果利率上涨或下降100个基点,将分别增加或减少约330万美元和540万美元的利息支出和收入[135] - 公司的现金、应收账款和应付账款的账面价值与公允价值接近[136] - 自2021年以来,供应链波动和通胀导致运营成本上升,对公司财务业绩产生负面影响[137] 内部控制 - 公司的披露控制和程序被认为在2024年6月30日有效[139] - 2024年第二季度,公司的内部控制未发生重大变化[140]

财务业绩 - 第二季度收入为5.828亿美元，同比增长12%[3] - 毛利率为19.3%，较上年同期增加1.6个百分点[3] - 净利润为5,190万美元，每股摊薄收益为1.67美元，同比增长31%[3] - EBITDA为8,700万美元，同比增长18%[3] 订单情况 - 截至6月30日的在手订单总额为24.5亿美元[3,7] 业务板块表现 - E-Infrastructure Solutions业务营业利润增长20%，营业利润率达21.4%[5] - Transportation Solutions业务收入和营业利润分别增长54%和57%[6] 未来展望 - 预计2024年全年收入将增长11%，净利润和EBITDA分别增长28%和18%[9,10] - 公司2024年第二季度和全年的营业收入分别为580,939千美元和1,131,015千美元，同比增长13.9%和12.8%[1] - 公司2024年第二季度和全年的总运营收入分别为72,734千美元和114,859千美元，同比增长12.5%和11.2%[1] - 公司预计2024年全年净收入将在175-180百万美元之间，EBITDA将在300-310百万美元之间[5] 财务状况 - 公司2024年6月30日的现金及现金等价物余额为539,985千美元，较2023年12月31日增加68,422千美元[2] - 公司2024年第二季度和全年的EBITDA分别为86,964千美元和142,636千美元，同比增长18.3%和19.4%[3][4]

文章核心观点 - 公司在第二季度业绩表现良好,收入和利润均有增长 [2][3] - 公司各业务板块表现亮眼,其中E-Infrastructure和Transportation Solutions板块尤为突出 [3][12][13] - 公司通过并购等方式不断扩张业务,提升盈利能力 [15] - 公司2024年业绩指引乐观,预计收入增长12%,净利润增长23%,EBITDA增长16% [21] 行业和公司分析 E-Infrastructure业务 - 该业务占公司第一季度42%的收入,主要客户包括亚马逊、Meta和沃尔玛等科技巨头 [12] - 受益于数据中心、先进制造和工业领域的长期资本投入,该业务有望持续增长 [12] - 数据中心业务占该板块40%的订单,是未来增长的关键驱动力 [12] Transportation Solutions业务 - 该业务占公司第一季度34%的收入,预计将受益于广泛的需求增长和利润率提升 [13] - 基础设施法案为该板块带来了643亿美元的交通项目投资,其中包括284亿美元的增量资金 [13] - 机场投资25亿美元也将带动该板块的发展 [13] Building Solutions业务 - 该业务占公司第一季度24%的收入,专注于住宅和商业项目的混凝土基础设施 [14] - 该板块专注于高增长市场,如达拉斯、休斯顿和凤凰城,具有快速回款和高资本回报的特点 [14] 公司整体表现 - 公司通过并购不断扩张业务,提升收入和盈利能力 [15] - 预计未来税率下降和利息费用降低将进一步提升盈利 [15] - 公司股价今年以来上涨32.3%,高于行业平均水平,但估值仍略低于行业平均 [16][18] - 公司现金流表现良好,每两年约翻一番 [21]

THE WOODLANDS, Texas, July 25, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2024 on Monday, August 5, 2024, after the stock market closes.Sterling's management will host a conference call on Tuesday, August 6, 2024, at 9:00 am ET/8:00 am CT to discuss the second quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) ...

Shares of Sterling Infrastructure, Inc. (STRL) have soared 47.2% year to date (YTD), significantly outpacing the 21% gain in the Zacks Engineering - R and D Services industry. Additionally, STRL's sector has increased 9.9%, while the S&P 500 has risen 16.9% in the same period. Over the past three years, Sterling’s shares have delivered an astonishing total return of 520.9% compared with the S&P 500's modest return of 30.2%.Sterling, a premier U.S. service provider specializing in transportation, civil const ...

shaunl Introduction Sterling Infrastructure (NASDAQ:STRL) is an infrastructure company in North America that's benefitting from long-term tailwinds in AI. Over the last few years, the company has grown its top-line double digits while experiencing some margin expansion over time, as the business mix shifts to more e-infrastructure. Despite the company's shares having more than doubled over the past year, I still see good value here. Company Overview Sterling Infrastructure is a specialized construction ...

Sterling Infrastructure (STRL) ended the recent trading session at $113.03, demonstrating a -0.59% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.1%. On the other hand, the Dow registered a loss of 0.08%, and the technology-centric Nasdaq increased by 0.28%.The the stock of civil construction company has risen by 0.86% in the past month, leading the Construction sector's loss of 5.3% and undershooting the S&P 500's gain of 4.08%.The investment community will be ...

Sterling Infrastructure (STRL) closed at $118.34 in the latest trading session, marking a -0.83% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.41% for the day. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq decreased by 0.71%. Shares of the civil construction company witnessed a loss of 3.84% over the previous month, beating the performance of the Construction sector with its loss of 4.69% and underperforming the S&P 500' ...

The latest trading session saw Sterling Infrastructure (STRL) ending at $119.33, denoting a +1% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%. Heading into today, shares of the civil construction company had lost 2.54% over the past month, outpacing the Construction sector's loss of 5% and lagging the S&P 500's gain of 3.38% in that time. Market participants will ...

Sterling Infrastructure (STRL) closed the most recent trading day at $116.22, moving -1.3% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%. Prior to today's trading, shares of the civil construction company had lost 6.12% over the past month. This has lagged the Construction sector's loss of 4.52% and the S&P 500's gain of 3.15% in that time. Th ...