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

Construction Partners

22/11/2022 14:32

* Construction Partners Inc  ROAD.OQ  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue rose 40.9% to $393.05 million from a year ago;
analysts
expected $358.38 million. 
    * Construction Partners Inc's reported EPS for the quarter
was 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Construction Partners Inc shares had risen by 24.0% this
quarter and gained 10.6% so far this year.
    * The company reported quarterly net income of $13.12
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 November
22 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.08           0.11           Beat