Sterling Construction Company Inc. (NASDAQ: STRL) experienced a significant after-hours surge of 6.48% following the release of its fourth-quarter and full-year 2025 financial results.
The company reported quarterly adjusted earnings of $2.81 per share, surpassing analyst estimates of $2.23 by 26.07%. Quarterly sales reached $755.6 million, beating consensus estimates of $640.27 million by 18.01%. This represents a substantial 51.47% increase in sales compared to the same period last year. The strong performance was driven by significant growth in its E-Infrastructure Solutions segment, where revenue more than doubled.
Additionally, Sterling Infrastructure provided optimistic guidance for fiscal year 2026, forecasting revenue between $3.05 billion and $3.20 billion and adjusted diluted EPS in the range of $13.45 to $14.05. The company's backlog also showed robust growth, increasing 78% to $3.01 billion at the end of 2025, indicating strong future business visibility.
Comments