Construction Partners Inc expected to post a loss of 4 cents a share - Earnings Preview

Construction Partners

08/05/2024 14:11

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 10
for the period ending March 31 2024
    * The Dothan Alabama-based  company is expected to report a
12.7% increase in revenue to $366.054 million from $324.85
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Construction Partners
Inc is
for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $55.00​, above​ its last closing price
of $53.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.12        0.13       0.19      Beat    46.2
 Sep. 30 2023  0.53        0.52       0.59      Beat    14.2
 Jun. 30 2023  0.33        0.33       0.41      Beat    23​
 Mar. 31 2023  -0.18       -0.18      -0.11     Beat    39
 ​​Jan.        0.04        0.05       0.04      Missed  -12.5
 1 0001                                                 
 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
 This summary was machine generated May 8 at 13:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)