NASDAQ$STRL
Sterling Infrastructure Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported mixed results with revenue decline offset by strong performance in specific segments and cost-saving measures.
Sterling reported a decrease in revenue for Q2 2020, but experienced strong growth in transportation solutions and building solutions segments. Cost-saving initiatives helped to mitigate the impact of the revenue decline on profitability. The company is cautious about the near-term outlook due to the ongoing economic uncertainty.
- Q2 revenue decreased due to the COVID-19 pandemic impact on end markets.
- Transportation solutions and building solutions segments showed strong growth.
- Cost-saving initiatives contributed to improved profitability despite revenue decline.
- The company is closely monitoring the economic environment and adjusting its operations accordingly.
Headline financials
Revenue & EPS history
Sterling · Revenue · Quarterly
$400M
Forward guidance
Sterling anticipates continued economic uncertainty in the near term, which may impact demand across its end markets. The company is focused on managing costs and investing in growth opportunities to navigate the challenging environment.
Tailwinds
- Strong growth expected in transportation and building solutions segments.
- Cost-saving initiatives are expected to continue to improve profitability.
- New product launches are planned to drive revenue growth.
- The company is well-positioned to capitalize on long-term growth trends in connectivity.
- A solid balance sheet provides financial flexibility to weather the downturn.
Headwinds
- COVID-19 pandemic is expected to continue to impact end markets.
- Economic uncertainty may lead to lower demand.
- Supply chain disruptions could affect production.
- Increased competition may put pressure on pricing.
- Currency fluctuations could negatively impact results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+1.8%
Avg return
Earnings day
+5.6%
Avg return
5 days after
+6.6%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+52.2%
Q1 2026
Best reaction
-20.9%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +52.2% | +59.5% | +87.5% | |
| Q4 2025 | -5.4% | -8.7% | -7.7% | |
| Q3 2025 | -2.8% | -3.8% | -15.4% | |
| Q1 2025 | +3.2% | +6.6% | +17.1% | |
| Q4 2024 | +5.4% | +4.9% | +0.2% | |
| Q3 2024 | +10.9% | +23.8% | +24.5% | |
| Q2 2024 | +1.2% | -0.3% | +4.3% | |
| Q1 2024 | +20.6% | +27.4% | +15.2% | |
| Q4 2023 | +22.1% | +27.5% | +30.3% | |
| Q3 2023 | -17.5% | -12.4% | -12.0% | |
| Q2 2023 | +23.9% | +32.4% | +31.3% | |
| Q1 2023 | +9.0% | +15.8% | +24.8% | |
| Q4 2022 | +1.1% | +7.0% | -0.1% | |
| Q3 2022 | +9.8% | +19.3% | +20.2% | |
| Q2 2022 | -3.3% | -1.9% | -1.6% | |
| Q1 2022 | +2.4% | +0.7% | +8.0% | |
| Q4 2021 | -3.1% | -2.2% | -4.1% | |
| Q3 2021 | +3.1% | +9.0% | +4.3% | |
| Q2 2021 | +2.0% | +1.0% | +4.5% | |
| Q1 2021 | +11.4% | +11.2% | +13.0% | |
| Q4 2020 | -17.9% | -11.8% | -3.0% | |
| Q3 2020 | -0.2% | -6.2% | +9.6% | |
| Q2 2020 | +6.1% | +11.5% | +10.7% | |
| Q1 2020 | -5.1% | -7.9% | +16.2% | |
| Q4 2019 | +7.5% | -9.2% | -32.9% | |
| Q3 2019 | -0.1% | -8.0% | -14.2% | |
| Q2 2019 | -9.3% | -9.7% | -8.1% | |
| Q1 2019 | -12.7% | -12.2% | -4.0% | |
| Q4 2018 | -1.6% | -6.1% | -11.8% | |
| Q3 2018 | +1.7% | +8.8% | -3.8% | |
| Q2 2018 | +7.7% | +19.5% | +11.6% | |
| Q1 2018 | +17.8% | +15.3% | +16.8% | |
| Q4 2017 | -4.4% | +6.9% | -5.5% | |
| Q3 2017 | +15.5% | +12.9% | +10.9% | |
| Q2 2017 | -17.9% | -17.3% | -3.3% | |
| Q1 2017 | +7.2% | +12.4% | +6.8% | |
| Q4 2016 | +7.9% | +5.2% | -3.4% | |
| Q3 2016 | -16.0% | -9.9% | +8.5% | |
| Q2 2016 | +1.4% | +6.2% | +10.8% | |
| Q1 2016 | -17.7% | — | — | |
| Q4 2015 | -3.9% | — | — | |
| Q3 2015 | +12.1% | — | — | |
| Q2 2015 | +14.6% | — | — | |
| Q1 2015 | -20.9% | — | — | |
| Q4 2014 | +35.3% | — | — | |
| Q3 2014 | -8.6% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +10.9% | — | — | |
| Q4 2013 | -3.5% | — | — | |
| Q3 2013 | +1.3% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +3.7% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | -7.0% | — | — | |
| Q2 2012 | +1.1% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2009 | +4.0% | — | — | |
| Q4 2011 | +4.0% | — | — | |
| Q3 2011 | -7.8% | — | — | |
| Q3 2010 | -7.8% | — | — | |
| Q4 2010 | -9.0% | — | — | |
| Q2 2010 | -9.0% | — | — | |
| Q2 2011 | -9.0% | — | — | |
| Q1 2011 | -4.3% | — | — | |
| Q1 2010 | +8.7% | — | — |
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