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Stock Market & Financial Investment News

News Breaks
March 14, 2014
08:47 EDTSTRLSterling Construction selected by CalTrans for CMGC project
Sterling Construction Company announced that a joint venture, comprised of its Myers & Sons Construction and Ralph L. Wadsworth Construction Company subsidiaries, was selected by the California Department of Transportation as the contractor on a Construction Management/General Contractor project with a potential value of approximately $52M. The project will entail construction work on State Route 140 in Mariposa County to restore two-lane access that was blocked by a rock slide in May 2006. The Myers/RLW Joint Venture will work with CalTransí GMGC design team to develop a best-value design and environmental document. Once design is complete and the Environmental Assessment has been approved, a contract will be negotiated for the construction of the project. Construction is anticipated to start in 2016 and be completed in 2018.
News For STRL From The Last 14 Days
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March 16, 2015
06:34 EDTSTRLSterling Construction sees YoY revenue growth in 2015
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06:33 EDTSTRLSterling Construction reports total backlog at December 31 up 11.2% to $764M
The average gross margin of projects in backlog as of December 31, 2014 was in the low-to-mid 6% range.
06:32 EDTSTRLSterling Construction reports Q4 EPS (39c), consensus (16c)
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