The most recent trading session ended with Sterling Infrastructure (STRL) standing at $114.03, reflecting a -0.74% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.27%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. Coming into today, shares of the civil construction company had lost 10.31% in the past month. In that same time, the Construction sector lost 4.64%, while the S&P 500 gained 2.85%. The in ...

Sterling Infrastructure (STRL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this civil construction company have returned +22.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Engineering - R and D Services industry, which Sterling Infrastructure falls in, has gained 7.3%. The key question now is: What could be ...

THE WOODLANDS, Texas, May 30, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conferences: Stifel 2024 Cross Sector Insight Conference Date: June 4, 2024 Company presentation is scheduled at 8:35-9:05 am ET Webcast: https://wsw.com/webcast/stifel89/strl/2138808 William Blair 44th Annual Growth Stock Conference Date: June 5, 2024 Company presentation is scheduled at 4:00-4:30 pm CT Web ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

Investors with an interest in Engineering - R and D Services stocks have likely encountered both Sterling Infrastructure (STRL) and Howmet (HWM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision tren ...

Q1 2024 Earnings Call May 7, 2024 We build and service the infrastructure that enables our economy to run, our people to move, and our country to grow. DISCLOSURE: Forward-Looking Statements This presentation contains, and the officers and directors of the Company may from time to time make, statements that are considered forward- looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These fo ...

财务数据和关键指标变化 - 公司第一季度营收为4.4亿美元,同比增长9% [34] - 毛利润为7700万美元,同比增长24.5%,毛利率提升220个基点至17.5% [35] - 营业利润为4200万美元,同比增长27.3%,营业利润率提升150个基点至9.6% [37] - 净利润为3100万美元,同比增长58%,每股收益为1美元,同比增长56% [39] - EBITDA为5570万美元,同比增长21%,EBITDA率提升120个基点至12.6% [40] - 经营活动产生的现金流为4960万美元,创历史新高 [41] 各条业务线数据和关键指标变化 E-Infrastructure Solutions - 营收下降10%,但利润增长12%,毛利率提升290个基点至14.7% [18][19] - 新签订单3.32亿美元,带来961百万美元的在手订单,同比增长32% [20] - 数据中心项目占E-Infrastructure在手订单的40% [20] Transportation Solutions - 营收增长34%,利润增长53%,毛利率提升68个基点 [22] - 新签订单2.7亿美元,在手订单1.31亿美元,同比增长64% [22] - 航空工程占新签订单的60% [22] Building Solutions - 营收增长23%,其中住宅业务增长56%,商业业务下降10百万美元 [23] - 收购PPG后,该业务有27%的有机增长 [24] - 毛利率提升377个基点至13.8%,利润增长70% [24] 各个市场数据和关键指标变化 - 公司看好达拉斯、休斯顿、凤凰城等人口增长市场的住宅需求 [25] - 东北地区的项目活动正在加速 [21] - 电商和小型仓储市场在2024年仍将疲软,但2025年及以后有望好转 [51] 公司战略和发展方向及行业竞争 - 公司看好数据中心、制造业、半导体、制药、食品饮料等领域的大型项目机会 [49][50][51] - 公司正在寻求收购电气、机械、管道等相关服务能力,以提升E-Infrastructure的综合服务能力 [80][81] - 公司认为未来5-7年内,随着数据中心和制造业的快速增长,行业内优质施工企业将不足,公司有望从中受益 [82][83] - 公司在交通和住宅建筑领域也有良好的中长期发展前景 [91][92][93] 管理层对经营环境和未来前景的评论 - 第一季度受到恶劣天气的影响,但公司仍创下新的第一季度收益纪录 [11] - 公司看好各个业务板块的发展前景,有信心在2024年实现高于指引的业绩表现 [45][56] - 公司将保持谨慎和纪律的并购策略,重点关注E-Infrastructure领域 [55] 其他重要信息 - 公司第一季度安全记录优秀,无重伤事故发生 [16] - 公司将采取机会主义的股票回购策略 [55] 问答环节重要的提问和回答 问题1 **Brent Thielman 提问** E-Infrastructure业务在2024年剩余时间的收入和利润情况 [61][62][63][64][65] **Joe Cutillo 回答** 第二季度开始,E-Infrastructure业务将实现同比增长,并在三四季度保持这一趋势 [62][63][64][65] 东北地区项目活动增加可能会略微拖累利润率,但公司正在采取措施应对 [66][67] 问题2 **Adam Thalhimer 提问** 公司是否需要通过收购来进入半导体、制药、食品饮料等新领域 [79][80] **Joe Cutillo 回答** 公司可以通过有机方式进入这些新领域,但未来可能需要通过收购电气、机械、管道等相关服务能力来进一步拓展 [80][81] 问题3 **Adam Thalhimer 提问** 交通和住宅建筑业务的中长期发展机会 [91][92][93] **Joe Cutillo 回答** 交通业务未来3-4年有望保持强劲增长和高利润率 住宅建筑业务受益于人口增长市场,加上行业内供给不足,也有良好的中长期发展前景 [91][92][93]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number1-31993 STERLING INFRASTRUCTURE, INC. (Exact name of registrant as specified in its charter) Delaware 25-1655321 (State or other jurisdi ...

Exhibit 99.1 NEWS RELEASE For Immediate Release: May 6, 2024 Sterling Reports Record First Quarter 2024 Results THE WOODLANDS, TX – May 6, 2024 – Sterling Infrastructure, Inc. (NasdaqGS: STRL) (“Sterling” or the “Company”) today announced financial results for the first quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. First Quarter 2024 Results • Revenues of $440.4 million, an increase of 9% • Gross margin of 17.5%, an increase from 15.3% • Net Income of ...

Sterling Infrastructure, Inc. (NASDAQ:STRL) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Noelle Dilts - VP, IR and Corporate Strategy Joseph Cutillo - CEO Ronald Ballschmiede - EVP, CFO and CAO Conference Call Participants Brent Thielman - D.A. Davidson & Co. Brian Russo - Sidoti Operator Good morning, ladies and gentlemen, and welcome to the Sterling Infrastructure Fourth Quarter 2023 and Full Year Webcast and Conference Call. [Operator Instructions] This call is being ...