Sterling Infrastructure Q4 results mixed, co provides FY 2023 guidance in-line
- Sterling Infrastructure press release (NASDAQ:STRL): Q4 GAAP EPS of $0.66 misses by $0.02.
- Revenue of $448.6M (+11.8% Y/Y) beats by $10.93M.
- Combined backlog at December 31, 2022 was $1.69 billion, an increase of 25% over December 31, 2021.
- Sees FY 2023 revenue of $1.9 billion to $2.0 billion. The consensus estimate is $1.95B.
- Sees FY 2023 EPS of $3.33 to $3.53. The consensus estimate is $3.45.