Benzinga | Aug 6, 2020 04:06PM EDT

Earnings Outlook For Construction Partners

Construction Partners (NASDAQ: ROAD) will be releasing its next round of earnings this Friday, August 07. For all of the relevant information, here is your guide for Friday's Q3 earnings announcement.

Earnings and Revenue

Wall Street analysts see Construction Partners reporting earnings of $0.24 per share on revenue of $236.68 million. Construction Partners EPS in the same period a year ago totaled $0.33. Sales were $227.29 million. Analysts estimate would represent a 27.27% decrease in the company's earnings. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 0.06 0.11 0.34 0.29EPS Actual 0.03 0.11 0.32 0.33Revenue Estimate 168.85 M 173.44 M 248.50 M 230.27 MRevenue Actual 168.68 M 175.31 M 237.32 M 227.29 M

Stock Performance

Over the last 52-week period, shares are up 32.69%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Construction Partners is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1881/35977