Construction Partners Inc expected to post earnings of 35  cents a share - Earnings Preview

Construction Partners

31/07/2023 19:36

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
2. 
    * The Dothan Alabama-based  company is expected to report  a
15.3% increase in revenue to $438.274 million from $380.27
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 earnings of 35 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 $34​, above​ its last closing price of $28.71.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.18       -0.18      -0.11     Beat    39
 Dec. 31 2023  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.        -0.08       -0.05      -0.18     Missed  -229.2
 31 2022                                                
 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
 This summary was machine generated July 31 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated