05:35 PM EDT, 08/05/2024 (MT Newswires) -- Sterling Infrastructure ( STRL ) reported Q2 earnings late Monday of $1.67 per diluted share, compared with $1.27 a year earlier.

Two analysts polled by Capital IQ expected $1.43.

Revenue for the quarter ended June 30 was $582.8 million, compared with $522.3 million a year earlier.

Two analysts polled by Capital IQ expected $559.9 million.

The specialty construction company is projecting full-year 2024 EPS of $5.60 to $5.75, compared with its prior guidance of $5 to $5.30. Two analysts polled by Capital IQ are looking for $5.25. The company said it now expects revenue for the year of $2.15 billion to $2.23 billion, versus $2.13 billion to $2.22 billion previously. Two analysts polled by Capital IQ expect $2.18 billion.

Shares of the company rose 5.5% in after-hours activity.

Price: 108.25, Change: +5.69, Percent Change: +5.54