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

Construction Partners

02/08/2023 14:33

* Construction Partners Inc  ROAD.OQ  reported quarterly
adjusted
earnings of 41 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 33 cents per share.
    * Revenue rose 10.9% to $421.89 million from a year ago;
analysts
expected $429.83 million. 
    * Construction Partners Inc's reported EPS for the quarter
was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Construction Partners Inc shares had fallen by 5.9% this
quarter and gained 10.6% so far this year.
    * The company reported quarterly net income of $21.68
million.
    * Wall Street's median 12-month price target for
Construction
Partners Inc is $34.00 
    * 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 LSEG Refinitiv data
August 2 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.33           0.41           Beat
 Mar. 31 2023      -0.18          -0.11          Beat
 Dec. 31 2022      0.05           0.04           Missed
 Sep. 30 2022      0.24           0.25           Beat