earnings
confidence high
sentiment positive
materiality 0.85
Sterling reports record Q2; revenue up 21% ex-RHB, adj EPS $2.69 +41%; raises FY guidance
STERLING INFRASTRUCTURE, INC.
2025-Q2 EPS
reported $3.59
vs consensus $2.01
▲ beat
(+78.7%)
- Revenue $614.5M (+21% ex-RHB YoY); net income $71.0M ($2.31 diluted EPS), record Q2.
- Adjusted diluted EPS $2.69 (+41%); adjusted EBITDA $125.6M (+35%); gross margin 23.3% (up 400bps).
- E-Infrastructure Solutions revenue +29%, adj op income +57%; Transportation +24% and +78%.
- Backlog $2.01B (+24% like-for-like); book-to-burn 1.4x; CEC acquisition progressing toward close.
- FY2025 guidance raised: revenue $2.10-2.15B, adj diluted EPS $9.21-9.47, adj EBITDA $438-453M.