Sterling Construction Earnings: What Investors Should Watch
Sterling Construction Co. (NASDAQ:STRL) will report earnings before markets open on Friday, May 10th. Sterling Construction Company, Inc. conducts operations in construction and distribution. The Company specializes in municipal and state contracts for highway paving, bridge, water and sewer and light rail projects. Sterling also distributes automotive accessories, non-food pet supplies, and lawn and garden products.
Here is your Cheat Sheet to Sterling Construction Co. Earnings:
Earnings Expectations: Analysts expect earnings of $-0.09 per share on revenues of $102.00 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.09 to a profit $0.08. For the current year, the average estimate is a profit of $0.31, which is worse than the estimate ninety days ago.
Here’s how Sterling Construction Co. has been performing on an annual basis:
|Revenue ($) in millions||415.07||390.85||459.89||501.16||630.51|
|Diluted EPS ($)||1.32||1.71||1.13||-2.24||-0.026|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||113.99||98.42||168.71||205.28||158.09|
|Diluted EPS ($)||-2.684||-0.44||0.15||0.01||0.1763|
Sterling Construction Co. has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)