Construction Partners Inc expected to post a loss of 18 cents a share - Earnings Preview

Construction Partners

03/05/2023 19:31

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 5. 
    * The Dothan Alabama-based  company is expected to report  a
16.1% increase in revenue to $282.655 million from $243.39
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Construction
Partners Inc
is for a loss of 18 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 28.9%
in the last three months. ​
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $32​, above​ its last closing price of $25.79.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.04        0.05       0.04      Missed  -12.5
 Sep. 30 2022  0.25        0.24       0.25      Beat    2.9
 Jun. 30 2022  0.12        0.12       0.23      Beat    91.7​
 Mar. 31 2022  -0.08       -0.05      -0.18     Missed  -229.2
 ​​Dec.        0.09        0.08       0.11      Beat    31
 31 2021                                                
 Sep. 30 2021  0.40        0.40       0.15      Missed  -62.2​
 Jun. 30 2021  0.33        0.33       0.18      Missed  -45.2
 Mar. 31 2021  0.04        0.08       -0.03     Missed  -136
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated