Sterling Infrastructure Earns Zacks Rank #1 on Strong Earnings Estimate Revisions

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Sterling Infrastructure has received a Zacks Rank #1 (Strong Buy) following significant upward revisions to its earnings estimates. The consensus estimate for the current quarter has risen 15.4% over the last 30 days to $5.39 per share, representing a 100.4% increase from the year-ago period. For the current fiscal year, the estimate has increased 2.9% to $19.31, and for the next fiscal year, it has risen 5.5% to $27.43. The company also posted a 41.05% revenue surprise in its most recent quarter, with sales of $825.67 million, and has beaten consensus EPS estimates in each of the trailing four quarters.

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