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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Sterling Construction Co. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Sterling Construction Co. has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]