The Latest Breaking News from Construction Partners

The market’s been on fire Tuesday after inflation news sent the S&P 500 to a two-month high. Hiding amongst all the green today is an Alabama construction company that’s up 7% and hitting a 52-week high for the 23rd time in 2023.

Construction Partners (NASDAQ:ROAD) brought in sales totaling $243.38 million during Q2 according to data provided by Benzinga Pro. However, earnings decreased 270.89%, resulting in a loss of $9.42 million.

According to Benzinga Pro data Construction Partners (NASDAQ:ROAD) posted a 30.25% decrease in earnings from Q4. Sales, however, increased by 2.12% over the previous quarter to $284.96 million.

Construction Partners Inc (NASDAQ:ROAD) reported first-quarter FY22 revenue growth of 49.3% year-over-year to $284.96 million, beating the consensus of $238.52 million. EPS decreased to $0.11 from $0.15 in 1Q21, beating the consensus of $0.08. The gross margin contracted by 446 bps to 11.6%. The operating income declined by 22% Y/Y to $8.46 million,…

  Construction Partners (NASDAQ:ROAD) reported its Q1 earnings results on Friday, February 4, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Construction Partners (NASDAQ:ROAD) is set to give its latest quarterly earnings report on Friday, 2022-02-04. Here's what investors need to know before the announcement. Analysts estimate that Construction Partners will likely report an Earnings Per Share (EPS) of $0.08.