Construction Partners (NASDAQ:ROAD – Get Free Report) is set to issue its quarterly earnings data before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Construction Partners has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
Construction Partners (NASDAQ:ROAD – Get Free Report) last posted its quarterly earnings data on Friday, February 9th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.06. The firm had revenue of $396.51 million for the quarter, compared to analysts’ expectations of $393.62 million. Construction Partners had a net margin of 3.52% and a return on equity of 11.56%. The business’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the company posted $0.04 EPS. On average, analysts expect Construction Partners to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Construction Partners Stock Performance
Construction Partners stock opened at $52.72 on Thursday. Construction Partners has a twelve month low of $27.22 and a twelve month high of $58.65. The company has a quick ratio of 1.39, a current ratio of 1.75 and a debt-to-equity ratio of 0.82. The firm has a fifty day simple moving average of $53.15 and a two-hundred day simple moving average of $46.59. The company has a market capitalization of $2.78 billion, a PE ratio of 48.82, a P/E/G ratio of 1.33 and a beta of 0.68.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on ROAD
About Construction Partners
Construction Partners, Inc, a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments.
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