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Recap: Construction Partners Q3 Earnings


Benzinga | Aug 7, 2020 07:12AM EDT

Recap: Construction Partners Q3 Earnings

Shares of Construction Partners (NASDAQ:ROAD) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share were down 9.09% year over year to $0.30, which beat the estimate of $0.24.

Revenue of $217,041,000 decreased by 4.51% from the same period last year, which missed the estimate of $236,680,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 07, 2020

Time: 10:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1881/35977

Recent Stock Performance

Company's 52-week high was at $20.92

52-week low: $11.96

Price action over last quarter: Up 15.91%

Company Description

Construction Partners Inc operates as an infrastructure and road construction company, provides construction products and services to public and private sectors. Its services cover construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.






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