Benzinga | Aug 5, 2021 11:07AM EDT

Construction Partners's Earnings Outlook

On Friday, August 06, Construction Partners (NASDAQ:ROAD) will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts predict Construction Partners will report earnings of $0.33 per share on revenue of $293.33 million. In the same quarter last year, Construction Partners reported EPS of $0.3 on revenue of $217.04 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 10.0% increase in the company's earnings. Sales would be up 35.15% from the year-ago period. Construction Partners's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.08 0.13 0.30 0.24EPS Actual -0.04 0.15 0.34 0.30Revenue Estimate 201.03 M 203.12 M 241.50 M 236.68 MRevenue Actual 179.11 M 190.93 M 224.65 M 217.04 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the last 52-week period, shares are up 68.22%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not 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.