Sterling Construction (STRL) Tops Q4 EPS by 10c

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Sterling Reports Record Fourth Quarter and Full Year 2021 Results

February 28, 2022 4:30 PM EST

EPS Continues to Outpace Expectations
Delivered Record Full Year Operating Cash Flow
Provides 2022 Full Year Revenue and Net Income Guidance

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the fourth quarter and full year 2021.

Fourth Quarter 2021 Results (as compared to Fourth Quarter 2020)

Total Revenue of $401.3 million, an increase of 15.6% Net Income was $10.9 million, or $0.37 per diluted share, an increase of 87.3%; Adjusted Net Income(1) of $13.9 million or $0.47 per... More