Construction Partners Inc expected to post a loss of 5  cents a share - Earnings Preview

Construction Partners

04/05/2022 19:31

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 6. 
    * The Dothan Alabama-based  company is expected to report  a
21.5% increase in revenue to $217.662 million from $179.11
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Construction
Partners Inc
is for a loss of 5 cents per share. For the same quarter last
year, the company reported a loss of 3 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "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 $32.5​, above​ its last closing price of $26.14.
​​​
    * 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 2021  0.09        0.08       0.11      Beat    31
 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
 ​​Dec.        0.13        0.13       0.15      Beat    15.4
 31 2020                                                
 Sep. 30 2020  0.33        0.30       0.34      Beat    14.3​
 Jun. 30 2020  0.24        0.24       0.30      Beat    23.1
 Mar. 31 2020  0.05        0.06       0.03      Missed  -48.8
 This summary was machine generated May 4 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated