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-0.00401162624446659 -0.00401162624446659 -0.00401162624446659 -0.00304308001391025 -0.00479568747872664 -0.00484180872780071 4.70436740555869E-05 -9.13200731667661E-05
Stock impact report

Sterling's (STRL) Arm Receives $100M Data Center Project [Yahoo! Finance]

Sterling Infrastructure, Inc. (STRL) 
Last sterling infrastructure, inc. earnings: 3/2 04:24 pm Check Earnings Report
US:NASDAQ Investor Relations: strlco.com/investor-relations
Company Research Source: Yahoo! Finance
The scope of the project covers 280 acres, including 125,000 linear feet of underground infrastructure installation. Work on this project is expected to begin in the second quarter of 2024. In the past three months, shares of this Zacks Rank #1 (Strong Buy) have gained 31.3% compared with the Zacks Engineering - R and D Services industry's 12.7% growth. Image Source: Zacks Investment Research Recently, the company reported fourth-quarter 2023 results, where earnings surpassed the Zacks Consensus Estimate, but revenues missed the same. Nonetheless, earnings per share (EPS) rose 97% from a year ago. Quarterly revenues also increased 8.2% from the year-ago level. The upside was driven by strong contributions from the Transportation and Building Solutions segments, along with its strategic emphasis on higher margins. In 2023, Sterling's revenues were up 11.5% from 2022. EPS of $4.44 also increased from $3.16 a year ago. For 2024, the company expects revenues between $2.125 bill Show less Read more
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