Construction Partners Inc is a leading infrastructure company that specializes in the construction and maintenance of roadways and transportation-related projects
The company provides a wide range of services including asphalt production, road construction, and paving, catering to both public and private sectors. With a focus on safety, quality, and sustainability, Construction Partners aims to enhance transportation infrastructure while promoting efficient and environmentally friendly practices in its operations. The company operates multiple facilities and has a skilled workforce dedicated to delivering high-quality results for its clients.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Construction Partners (NASDAQROAD) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Concrete Pumping (NASDAQBBCP) and its peers.
Short-selling investment management firm Spruce Point released a new research report on Construction Partners titled, "An As-Faulty Investment," claiming the company's business is under pressure and faces 35% to 50% downside.
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Civil infrastructure company Construction Partners (NASDAQROAD) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 13.3% year on year to $538.2 million. The company’s full-year revenue guidance of $2.53 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP profit of $0.56 per share was 2.2% below analysts’ consensus estimates.
Civil infrastructure company Construction Partners (NASDAQROAD)
will be reporting earnings tomorrow before the bell. Here’s what investors should know.
Construction Partners has been on fire lately. In the past six months alone, the company’s stock price has rocketed 54.4%, reaching $88.35 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Construction Partners, a Zacks Rank #1 (Strong Buy), is engaged in the construction of roadways across several southern U.S. states. ROAD shares are widely outperforming the market this year with the backing of a leading industry group.
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.
