Construction Partners rises after Q4 revenue beats estimates

Construction Partners

21/11/2024 15:04

** Shares of civil infrastructure company Construction
Partners Inc  ROAD.O  up 1.9% at $93.01
    ** Co reports quarterly revenue of $538.2 million, up 13% as
compared to last year, above analysts expectations of $538.1
million as per data compiled by LSEG
    ** ROAD, however, posts Q4 profit of 56 cents per share,
just below analysts' estimate of 57 cents per share
    ** Earlier in November, co said it expects its 2025 revenue
to be in the range of $2.48 billion to $2.58 billion
    ** ROAD stock up ~112% YTD
    

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.Chaudhary@thomsonreuters.com))