Sterling Reports 2019 Third Quarter Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. LVS
7. SAP
8. CSX
9. LRCX
10. MRK

Go back to Sterling Reports 2019 Third Quarter Results

Sterling Construction (STRL) Misses Q3 EPS by 4c, Revenues Beat; Provides Revised FY19 Revenue Guidance Above Consensus

November 4, 2019 4:17 PM EST

Sterling Construction (NASDAQ: STRL) reported Q3 EPS of $0.37, $0.04 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $291.7 million versus the consensus estimate of $280.5 million.

Consolidated Third Quarter 2019 Financial Results Compared to Third Quarter 2018:

Revenues were $291.7 million compared to $291.3 million;Gross margin was 10.0% of revenues compared to 10.7%;Plateau acquisition related costs totaled $1.9 million or $0.07 diluted share(1);Net income attributable to Sterling common stockholders was $8.0 million (GAAP basis) or $9.9 million (adjusted basis(1)) compared to $8.9 million, reflecting a growth in net income attributable to Sterling common... More