Construction Partners Inc reports results for the quarter ended in December - Earnings Summary

Construction Partners

09/02/2023 23:22

* Construction Partners Inc  ROAD.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 5 cents per share.
    * Revenue rose 19.9% to $341.78 million from a year ago;
analysts
expected $317.59 million. 
    * Construction Partners Inc's reported EPS for the quarter
was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 70.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Construction Partners Inc shares had risen by 3.8% this
quarter.
    * The company reported quarterly net income of $1.89
million.
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $32.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 11:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.05           0.04           Missed
 Sep. 30 2022      0.24           0.25           Beat
 Jun. 30 2022      0.12           0.23           Beat
 Mar. 31 2022      -0.05          -0.18          Missed