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Sterling Construction Company Inc (STRL.OQ)

STRL.OQ on NASDAQ Stock Exchange Global Select Market

13.18USD
27 Jul 2017
Change (% chg)

$0.19 (+1.46%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Sterling Construction files for mixed shelf of up to $100 mln‍​
Friday, 26 May 2017 04:31pm EDT 

May 26 (Reuters) - Sterling Construction Company Inc ::Sterling Construction Company Inc files for mixed shelf of up to $100 million - sec filing‍​.  Full Article

Sterling Construction sees FY 2017 revenue $850 million to $880 million
Tuesday, 2 May 2017 04:18pm EDT 

May 2 (Reuters) - Sterling Construction Company Inc :Sterling Construction Company, Inc. Reports 2017 first quarter results.Q1 revenue $153.4 million versus I/B/E/S view $134 million.Sees FY 2017 revenue $850 million to $880 million.Q1 loss per share $0.09.Q1 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S.Sterling Construction Company Inc - Now anticipate our 2017 revenues to be between $850 million and $880 million.Sterling Construction Company Inc - Total backlog at march 31, 2017 of $925 million was up 12.4% from Q4 of 2016.Sterling Construction Company- "Believe that our core heavy civil construction operations are well positioned to perform with consistent profitability".  Full Article

Sterling Construction Co names Joseph Cutillo CEO and member of Board
Tuesday, 2 May 2017 11:16am EDT 

May 2 (Reuters) - Sterling Construction Company Inc ::Sterling Construction Company names Joseph Cutillo Chief Executive Officer and member of the Board of Directors.Paul Varello, who has served as Sterling's CEO since Feb 2015, will relinquish the position, but will remain a director.  Full Article

Sterling Construction says certain units enters into loan agreement with Wilmington Trust
Tuesday, 4 Apr 2017 04:30pm EDT 

Sterling Construction Company Inc - : On April 3, 2017 co, certain units entered into a loan and security agreement with Wilmington trust - sec filing .Loan and security agreement providing for a term loan of $85 million and a maturity date of April 4, 2022-sec filing.  Full Article

Sterling Construction completes acquisition of Tealstone Construction
Monday, 3 Apr 2017 04:05pm EDT 

Sterling Construction Company Inc : Sterling Construction Company completes acquisition of Tealstone Construction and replaces existing credit facility . Replaced its existing asset-based loan and security agreement with a new, $85 million credit facility .$55 million of new credit facility will be used to partially finance acquisition of Tealstone.  Full Article

Sterling Construction to buy Texas-based Tealstone Construction
Thursday, 9 Mar 2017 06:31am EST 

Sterling Construction Company Inc : Sterling construction company to acquire a leading texas-based concrete construction company . Sterling construction company inc - deal for $85 million . Sterling construction company inc - plans to finance transaction through a combination of seller financing, common stock, and new debt . Sterling construction company inc - signed a definitive agreement to purchase denton, tx-based tealstone construction .Sterling construction company inc - transaction expected to be accretive to eps and generate substantial free cash flow in 2017.  Full Article

Sterling Construction Company sees FY 2017 revenue $720 mln to $750 mln
Thursday, 9 Mar 2017 06:30am EST 

Sterling Construction Company Inc : Sterling Construction Company, Inc. Reports 2016 fourth quarter and full year results . Q4 revenue $168.3 million versus I/B/E/S view $167.9 million . Sees FY 2017 earnings per share $0.15 to $0.25 . Sees FY 2017 revenue $720 million to $750 million . Q4 loss per share $0.25 . Q4 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S . Sterling Construction Company Inc- Total backlog at December 31, 2016 of $823 million was up 8.1% from Q4 of 2015 .FY2017 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.  Full Article

Sterling construction announces joint venture selected on $139 million highway project in Utah
Monday, 6 Feb 2017 04:05pm EST 

Sterling Construction Company Inc :Sterling Construction Company Inc - Sterling Construction Company Inc joint venture selected on $139 million highway project in Utah.  Full Article

Sterling Construction Co Q3 revenue rose 16.8 pct to $205.6 million
Monday, 31 Oct 2016 04:01pm EDT 

Sterling Construction Company Inc : Total backlog at Sept 30, 2016 of $820 million was up 7.8% from Dec 31, 2015 and was up 14.2% from Q3 of 2015 . We are revising our outlook for balance of 2016 and now expect our net income for Q4, one of our seasonally slowest quarters, to approximate breakeven . Sterling Construction Company - Qtrly net income per share attributable to common stockholders was $0.10; expect net income for Q4 to approximate breakeven . Sterling Construction Company, Inc. reports 2016 third quarter results . Q3 revenue rose 16.8 percent to $205.6 million .Sees Q4 revenue $150 million to $170 million.  Full Article

Sterling Construction Q2 earnings per share $0.09
Monday, 1 Aug 2016 06:30am EDT 

Sterling Construction Company Inc : Sterling Construction Company, Inc. reports 2016 second quarter results . Q2 earnings per share $0.09 . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Q2 revenue $189.6 million versus i/b/e/s view $180.8 million . Rains in texas, slower construction ramp-up of awards booked in late 2015 and early 2016 caused lower revenue, net income for Q2 . Sees full-year 2016 revenue $670 million to $690 million . Do not anticipate any slowdown in project lettings for balance of 2016 and 2017 . Total backlog at June 30, 2016 of $810 million was up 6.4 percent from December 31, 2015 and was up 9.0 percent from Q2 of 2015 . Now expects net income to be $2 million to $5 million for full year 2016 . Full-year 2016 revenue view $712.7 million -- Thomson Reuters I/B/E/S . For full-year 2016, expect continued gross margin improvement and tight g&a cost controls . Intend to refinance current asset-based credit facility with a "lower cost, higher capacity, revolving credit line" .Currently targeting first half of 2017 to have refinancing accomplished.  Full Article

BRIEF-Sterling Construction files for mixed shelf of up to $100 mln‍​

* Sterling Construction Company Inc files for mixed shelf of up to $100 million - sec filing‍​ Source text - http://bit.ly/2s55nAk Further company coverage: