Sterling Infrastructure, Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next
Sterling Infrastructure, Inc. Just Beat EPS By 17%: Here's What Analysts Think Will Happen Next
As you might know, Sterling Infrastructure, Inc. (NASDAQ:STRL) just kicked off its latest quarterly results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 4.1% to hit US$583m. Sterling Infrastructure reported statutory earnings per share (EPS) US$1.67, which was a notable 17% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
衆所周知,Sterling Infrastructure, Inc.(納斯達克: STRL)剛剛公佈了最新季度業績,數字非常強勁。總體而言,營業收入表現積極,超出預期4.1%,達到5,8300萬美元。根據營業收入,Sterling Infrastructure的法定每股收益(EPS)爲1.67美元,明顯高於分析師預期的17%。分析師一般會在每個業績發佈後更新預測,我們可以從他們的預測中判斷他們對公司的看法是否有所改變,或者是否存在任何新的風險需要注意。因此,我們收集了最新的業績後的法定共識預測,以了解明年可能會發生什麼事情。
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Taking into account the latest results, the current consensus from Sterling Infrastructure's twin analysts is for revenues of US$2.17b in 2024. This would reflect an okay 4.8% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 7.0% to US$5.66. In the lead-up to this report, the analysts had been modelling revenues of US$2.18b and earnings per share (EPS) of US$5.19 in 2024. So the consensus seems to have become somewhat more optimistic on Sterling Infrastructure's earnings potential following these results.
考慮到最新的結果,Sterling Infrastructure的兩位分析師的共識預測是2024年收入爲21.7億美元,這將反映出其過去12個月的營收增長了4.8%。預計每股收益將增長7.0%至5.66美元。在發佈此報告之前,分析師曾預測2024年收入爲21.8億美元,每股收益(EPS)爲5.19美元。因此,共識似乎對Sterling Infrastructure的盈利潛力變得更加樂觀。
The consensus price target was unchanged at US$140, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders.
共識價格目標仍未變化,爲140美元,這意味着改善的盈利前景不會對股東的價值創造產生長期影響。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Sterling Infrastructure's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Sterling Infrastructure's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 9.8% growth on an annualised basis. This is compared to a historical growth rate of 13% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 7.9% annually. So it's pretty clear that, while Sterling Infrastructure's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
這些預測很有趣,但在比較預測與Sterling Infrastructure的過去表現以及同行業的同行時,看到一些更廣泛的筆觸很有用。很清楚,預計Sterling Infrastructure的營收增長將大幅放緩,預計在2024年底,年化基礎上將實現9.8%的增長。與過去五年的13%的歷史增長率相比,這是一個相對較低的數字。將它與同行業的其他公司相比,它們預計(總體上)每年將實現7.9%的營收增長。因此,很明顯,儘管預期Sterling Infrastructure的營收增長將放緩,但預期其將與行業大致持平。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Sterling Infrastructure following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
最重要的是,分析師們升級了他們的每股收益預測,表明在這些結果發佈後,人們對Sterling Infrastructure的樂觀情緒明顯上升。他們還重新確認了收入預測,預計公司將以與更廣泛的行業相同的速度增長。共識目標價格沒有實質性變化,這表明最新的預測沒有對公司的內在價值產生任何重大變化。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.
話雖如此,公司收益的長期軌跡比明年重要得多。至少有一位分析師提供了2026年的預測,這可以免費在我們的平台上看到。
You can also see our analysis of Sterling Infrastructure's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
您還可以查看我們有關Sterling Infrastructure董事會和CEO的補償和經驗的分析,以及公司內部人員是否一直在購買股票。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
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