Construction Partners Inc expected to post earnings of 8cents a share - Earnings Preview

Construction Partners

02/02/2022 14:02

* Construction Partners Inc  ROAD.OQ   ROAD.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
4. 
    * The Dothan Alabama-based  company is expected to report  a
24.9% increase in revenue to $238.521 million from $190.93
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 8 cents per share. For the same quarter last
year, the company reported earnings of 15 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months. ​
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $33​, about 18.5% above​ its last closing price
of $26.91. ​​​
    * 

This summary was machine generated February 2 at 14:02 GMT.  All
figures in US dollars  unless otherwise stated