Construction Partners Inc expected to post earnings of 13 cents a share - Earnings Preview

Construction Partners

07/02/2024 13:54

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
9 for the period ending December 31 2023
    * The Dothan Alabama-based  company is expected to report a
15.4% increase in revenue to $394.485 million from $341.78
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Construction Partners
Inc is
for earnings of 13 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $48.00​, above​ its last closing price
of $47.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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​
 Dec. 31 2022  0.04        0.05       0.04      Missed  -12.5
 ​​Sep.        0.25        0.24       0.25      Beat    2.9
 30 2022                                                
 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. 31 2021  0.09        0.08       0.11      Beat    31
 This summary was machine generated February 7 at 13:54 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)