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Construction Partners: Fiscal Q1 Earnings Snapshot

Construction Partners: Fiscal Q1 Earnings Snapshot

By AP News
Published - Feb 09, 2023, 04:49 PM ET
Last Updated - Jun 22, 2023, 10:17 PM EDT

DOTHAN, Ala. (AP) — DOTHAN, Ala. (AP) — Construction Partners Inc. (ROAD) on Thursday reported fiscal first-quarter profit of $1.9 million.

On a per-share basis, the Dothan, Alabama-based company said it had net income of 4 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The road and highway construction company posted revenue of $341.8 million in the period.

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