Construction Partners Inc expected to post earnings of 6cents a share - Earnings Preview

Construction Partners

08/02/2023 02:16

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
9. 
    * The Dothan Alabama-based  company is expected to report  a
11.7% increase in revenue to $318.404 million from $284.96
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 6 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 $32​, above​ its last closing price of $28.17.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  -0.08       -0.05      -0.18     Missed  -229.2
                                                        ​
 Dec. 31 2021  0.09        0.08       0.11      Beat    31
 ​​Sep.        0.40        0.40       0.15      Missed  -62.2
 30 2021                                                
 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
 This summary was machine generated February 8 at 02:16 GMT.  All
figures in US dollars  unless otherwise stated