Construction Partners Inc expected to post earnings of 54 cents a share - Earnings Preview

Construction Partners

07/08/2024 16:18

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 9
for the period ending June 30 2024
    * The Dothan Alabama-based  company is expected to report a
19.4% increase in revenue to $503.567 million from $421.89
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 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $60.50​, above​ its last closing price
of $57.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.07       -0.04      -0.02     Beat    50.3
 Dec. 31 2024  0.12        0.13       0.19      Beat    46.2
 Jan. 1 0001   0.53        0.52       0.59      Beat    14.2​
 Jun. 30 2023  0.33        0.33       0.41      Beat    23
 ​​Mar.        -0.18       -0.18      -0.11     Beat    39
 31 2023                                                
 Dec. 31 2022  0.04        0.05       0.04      Missed  -12.5​
 Sep. 30 2022  0.25                   0.25              2.9
 Jan. 1 0001   0.12        0.12       0.23      Beat    91.7
 This summary was machine generated August 7 at 15:18 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)