Sterling Infrastructure (NASDAQ:STRL) Releases Earnings Results, Beats Estimates By $1.38 EPS

Posted by Stanley Muller on Oct 29th, 2026

Sterling Infrastructure (NASDAQ:STRL – Get Free Report) issued its quarterly earnings results on Wednesday. The construction company reported $7.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.20 by $1.38, FiscalAI reports. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.19 billion. The business’s revenue for the quarter was up 127.0% compared to the same quarter last year.

Sterling Infrastructure Trading Up 3.1%

Shares of NASDAQ:STRL traded up $12.10 on Thursday, reaching $400.97. 752,543 shares of the company traded hands, compared to its average volume of 637,088. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. Sterling Infrastructure has a 52 week low of $281.58 and a 52 week high of $1,005.68. The business’s 50-day simple moving average is $479.24 and its 200 day simple moving average is $549.31. The stock has a market capitalization of $12.27 billion, a P/E ratio of 28.91, a price-to-earnings-growth ratio of 1.24 and a beta of 1.86.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on STRL. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $742.00 price target on shares of Sterling Infrastructure in a research report on Thursday. Weiss Ratings downgraded Sterling Infrastructure from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. KeyCorp increased their target price on shares of Sterling Infrastructure from $754.00 to $755.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. DA Davidson assumed coverage on Sterling Infrastructure in a report on Friday, August 21st. They set a “buy” rating and a $700.00 price target on the stock. Finally, Wall Street Zen lowered Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 5th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $733.17.

Read Our Latest Stock Report on Sterling Infrastructure

Trending Headlines about Sterling Infrastructure

Here are the key news stories impacting Sterling Infrastructure this week:

Positive Sentiment: Record quarter and raised guidance: Sterling reported record third-quarter results and increased its full-year 2026 earnings outlook, signaling continued confidence in demand and execution. Sterling Reports Record Third Quarter Results and Raises Full Year 2026 Guidance
Positive Sentiment: Large earnings and revenue beats: Third-quarter earnings were $7.58 per share, above the $6.20 consensus estimate and up from $3.48 a year earlier. Revenue reached $1.56 billion, exceeding the $1.19 billion estimate and increasing 127% year over year. Sterling Infrastructure Q3 Earnings and Revenues Top Estimates
Positive Sentiment: Backlog supports future growth: Combined backlog reached $6.14 billion, providing visibility into future revenue and reinforcing the investment case tied to data-center, power and other infrastructure projects. Sterling Infrastructure Q3 2026 Combined Backlog
Positive Sentiment: Analyst support: Cantor Fitzgerald reaffirmed its “overweight” rating and maintained a $742 price target, suggesting substantial potential upside from recent trading levels. Cantor Fitzgerald Sterling Infrastructure Rating
Neutral Sentiment: Mixed immediate reaction: Despite the strong report, coverage noted that STRL initially traded lower after earnings, indicating that elevated expectations, valuation concerns or profit-taking may be limiting the response. The subsequent recovery suggests investors are weighing those concerns against the improved outlook.

About Sterling Infrastructure

(Get Free Report)

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.