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

Construction Partners

05/05/2023 14:32

* Construction Partners Inc  ROAD.OQ  reported a quarterly
adjusted loss of 11 cents​​ per share for the quarter ended in
March. The mean expectation of seven analysts for the quarter
was for a loss of 18 cents per share.
    * Revenue rose 33.5% to $324.85 million from a year ago;
analysts
expected $282.66 million. 
    * Construction Partners Inc's reported EPS for the quarter
was a
loss of 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 91.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Construction Partners Inc shares had fallen by 9.6% this
quarter and lost 8.7% so far this year.
    * The company reported a quarterly loss of $5.48 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 LSEG Refinitiv data May
5 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.18          -0.11          Beat
 Dec. 31 2022      0.05           0.04           Missed
 Sep. 30 2022      0.24           0.25           Beat
 Jun. 30 2022      0.12           0.23           Beat