Benzinga | Nov 2, 2020 04:41PM EST

Sterling Construction Co Q3 EPS $0.54 Beats $0.45 Estimate, Sales $383.50M Miss $384.30M Estimate; Reaffirms FY20 Guidance: Sales $1.415B-$1.43B vs $1.43B Est. Net Income $41M-$44M

Sterling Construction Co (NASDAQ:STRL) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.45 by 20 percent. This is a 45.95 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $383.50 million which missed the analyst consensus estimate of $384.30 million by 0.21 percent. This is a 31.47 percent increase over sales of $291.70 million the same period last year.