Sterling Reports Second Quarter 2021 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Sterling Reports Second Quarter 2021 Results

Sterling Construction (STRL) Tops Q2 EPS by 17c; Raises Outlook

August 2, 2021 4:22 PM EDT

Sterling Construction (NASDAQ: STRL) reported Q2 EPS of $0.69, $0.17 better than the analyst estimate of $0.52. Revenue for the quarter came in at $401.7 million versus the consensus estimate of $397.15 million.

GUIDANCE:

The Company Increases 2021 Full Year Net Income Guidance to $55 million - $58 million.

Overall, we had a strong quarter and were able to overcome significant headwinds from weather, inflation and material supply issues to exceed our expectations, stated Joe Cutillo, Sterlings Chief Executive Officer. In our Heavy Civil segment, we had a nice improvement in operating income on... More