Construction Partners Inc expected to post earnings of 33 cents a share - Earnings Preview

Construction Partners

04/08/2021 14:40

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show a rise in quarterly revenue when it reports results on
August 6. 
* The Dothan, Alabama-based company is expected to report   a
34.3% increase in revenue to $291.518 million from $217.04
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 earnings of 33 cents per share. For the same quarter
last year, the company reported earnings of 30 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 $35​, about 6.8% above​ its last closing price
of $32.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.04        0.08       -0.03     Missed  -136
 Dec. 31 2020  0.13        0.13       0.15      Beat    15.4
 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.          0.05​       0.06       0.03      Missed  -48.8​
 31​ 2020​                                              
 Dec. 31 2019  0.11        0.11       0.11      Met     0.4​
 Sep. 30 2019  0.33        0.34       0.32      Missed  -6.4
 Jun. 30 2019  0.31        0.29       0.33      Beat    12.2
 This summary was machine generated August 4 at 13:40 GMT.  All
figures in US dollars unless otherwise stated