Construction Partners Inc expected to post earnings of 40 cents a share - Earnings Preview

Construction Partners

19/11/2021 13:55

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 23. 
* The DothanAlabama-based  company is expected to report  a
40.2% increase in revenue to $314.867 million from $224.65
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 40 cents per share. For the same quarter
last year, the company reported earnings of 34 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 13.8% below​ its last closing price
of $39.83. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  0.33        0.33       0.18      Missed  -45.2
 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.        0.24        0.24       0.30      Beat    23.1
 30 2020                                                
 Mar. 31 2020  0.05        0.06       0.03      Missed  -48.8​
 Dec. 31 2019  0.11        0.11       0.11      Met     0.4
 Sep. 30 2019  0.33        0.34       0.32      Missed  -6.4
 This summary was machine generated November 19 at 13:55 GMT. 
All figures in US dollars  unless otherwise stated