Sterling Infrastructure: Q1 Earnings Snapshot

Sterling Infrastructure, Inc. is a company that specializes in the construction of bridges and roads.

The WOODLANDS, Texas, (AP) -- THE WOODLANDS, Texas, (AP) - Sterling Infrastructure, Inc., (STRL), on Monday, reported a first-quarter profit of $19.6 millions.

The Woodlands, Texas based company reported a net profit of 64 cents per share.

The results exceeded Wall Street expectations. Zacks Investment Research surveyed three analysts and found that the average estimate was 56 cents a share.

The Civil Construction Company reported revenues of $403.6 Million in the period.

Sterling Infrastructure expects earnings per share to range from $3.33 to $4.53, with revenues in the $1.9 billion to 2 billion range.

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