earnings
confidence high
sentiment positive
materiality 0.85
Sterling Q3 revenue $689M (+32% ex-RHB), adj. EPS $3.48 (+58%); raises FY guidance
STERLING INFRASTRUCTURE, INC.
2025-Q3 EPS
reported $6.56
vs consensus $2.53
▲ beat
(+159.1%)
- Record Q3: revenue $689M (+32% ex-RHB), net income $92.1M ($2.97 EPS), adjusted EPS $3.48.
- Gross margin 24.7% vs 21.9% prior year; adjusted EBITDA $155.8M (+47%).
- Backlog $2.58B (+34% same-store); combined backlog $3.44B, book-to-burn 1.23x backlog, 1.76x combined.
- FY2025 guidance raised: revenue $2.38B, adj. EPS $10.44 midpoint, adj. EBITDA $488.5M midpoint.
- CEC acquisition contributed $41.4M revenue and $475.3M backlog; share repurchases $4.7M in Q3.