$512.64
-6.04 (-1.16%)
STRL News11 articles
MasTec Stock Rally Faces Cash Flow Test Despite Record Backlog
MasTec shares jumped 10.9% last week to $297.59, but a negative free cash flow of -$59M raises questions about converting its record $21.4B backlog into cash.
Sterling Infrastructure Stock Slides 10% on Margin Shift Toward Electrical Work
Sterling Infrastructure (STRL) dropped 10.5% post-earnings as E-Infrastructure's margin decline offset record Q2 results and an 8.7% revenue guidance hike.
Sterling Infrastructure Q2 Revenue Soars 90%, But Margin Outlook Weighs on Shares
Sterling Infrastructure's Q2 revenue jumped 90%, but after-hours shares dropped 4.7% as the 2026 margin outlook implied a tighter incremental EBITDA margin.
Sterling Infrastructure Faces High Bar Ahead of Q2 Earnings Release
Sterling Infrastructure (STRL) shares fell 9.7% last week as Q2 EPS estimates climbed 37% to $5.01. Full-year forecasts exceed management guidance, raising the bar for Monday's report.
Southland Holdings Surges on Major Winnipeg Civil Contract Win
Southland Holdings shares surged 67.3% to $1.14 after winning a C$272 million Winnipeg civil infrastructure contract, which represents 27.5% of its March Civil backlog.
Sterling Infrastructure Surges on Data Center Demand, Revenue Jumps 92%
Sterling Infrastructure shares surged nearly 47% after Q1 revenue soared 92% to $825.7 million, driven by data center and semiconductor projects. The company raised its 2026 revenue forecast to up to $3.8 billion.
Sterling Infrastructure Surges After Data Center Demand Drives Earnings Beat
Sterling Infrastructure shares surged 19% after Q1 earnings beat estimates, driven by data center demand. The company raised its 2026 outlook.
Amazon Raises £4.25B in Sterling Bonds, Boosting Long-Term Funding
Amazon priced £4.25 billion in sterling bonds across four maturities, yielding £249.5 million annual interest, as it bolsters long-term funding for capital-intensive projects.
UK Labor Data Weighs on Sterling, HSBC Awaits Key Results
HSBC shares held flat ahead of the London open following mixed UK labor data that weakened sterling and shifted rate expectations. Focus now turns to Wednesday's inflation figures and the bank's full-year results due February 25.
Diageo Gains on Sterling Weakness Ahead of Interim Results
Diageo shares rose 0.6% in London trading as a weaker pound boosted the outlook for the spirits giant's overseas earnings. Investors are positioning for the company's interim results due February 25.
National Grid Gains Amid Sterling Weakness, Bond Yield Focus
National Grid shares advanced 0.31% to 1,289p, nearing a 52-week high, as the FTSE rose 0.23%. Sterling fell following political uncertainty, impacting rate expectations ahead of the utility's May results.