STRL · PEAD ↓ 80

Sterling Infrastructure reported Q2 2026 EPS of $5.60 on 2026-08-03 (after market close), beating the $5.00 consensus by $0.60 (+12.0%).

Print-day reaction was +2.5% versus the prior close on 2026-07-31, as the stock rallied from $596.77 to $611.47 on the earnings beat. The overnight gap to the T+1 open, however, reversed sharply at -13.3%, erasing the entire print-day gain and then some. Over the following two trading days (T+1 close to T+3 close), the price drifted an additional -1.0%, confirming that sellers remained in control after the gap-down. Cumulative abnormal return of -13.1% versus SPY.US firmly places this in PEAD short territory — drift extends and reinforces the overnight reversal; the read holds through 2026-10-29.