Sterling Infrastructure Q3 EPS $1.26, Revenue $560.3M vs $565.8M Est.
Portfolio Pulse from Benzinga Newsdesk
Sterling Infrastructure has reported its Q3 earnings per share (EPS) at $1.26. The company's revenue for the quarter was $560.3 million, which is slightly lower than the estimated $565.8 million.
November 06, 2023 | 9:59 pm
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Sterling Infrastructure's Q3 earnings were slightly below estimates, which could potentially impact the company's stock negatively in the short term.
Earnings reports are a significant factor in a company's stock performance. Sterling Infrastructure's lower-than-expected Q3 earnings could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
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IMPORTANCE 80
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