Construction Partners Inc expected to post earnings of 52 cents a share - Earnings Preview

Construction Partners

27/11/2023 13:47

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results  for the
period ending June 30 2023
    * The Dothan Alabama-based  company is expected to report a
18.2% increase in revenue to $464.712 million from $393.05
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 52 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 $44.00​, above​ its last closing price
of $43.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2022  0.25        0.24       0.25      Beat    2.9
 ​​Jun.        0.12        0.12       0.23      Beat    91.7
 30 2022                                                
 Mar. 31 2022  -0.08       -0.05      -0.18     Missed  -229.2
                                                        ​
 Dec. 31 2021  0.09        0.08       0.11      Beat    31
 Sep. 30 2021  0.40        0.40       0.15      Missed  -62.2
 This summary was machine generated November 27 at 13:47 GMT. 
All figures in US dollars unless otherwise stated