Sterling Infrastructure Posts $6.92 Third-Quarter EPS
STRL sits 36% above its 52-week low of $281.575 on elevated volume (2.1× avg).
Summary
Sterling Infrastructure reported third-quarter EPS of $6.92, a strong absolute figure for a company trading near $383 a share, alongside third-quarter revenue of $1.56B. This lands after a Q2 in which revenue nearly doubled to $1.17B and E-Infrastructure Solutions jumped 192%, with backlog at a record $4.33B — so the bar was already high. The quarter beat expectations, and the company raised its 2026 guidance, now targeting revenue of $4.63B-$4.73B, diluted EPS of $19.16-$19.42 and adjusted diluted EPS of $21.70-$21.96. Full margin detail will be the real test of whether this quarter extends the Q2 momentum.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Sterling's raised 2026 guidance targets revenue of $4.63B-$4.73B, diluted EPS of $19.16-$19.42 and adjusted diluted EPS of $21.70-$21.96.
At the time of this announcement, STRL was trading at $383.36 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $11.9B. The 52-week trading range was $281.58 to $1,005.68. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.