Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Construction Partners: Fiscal Q4 Earnings Snapshot
By AP News - Nov 21, 2024, 12:31 PM ET
Last Updated - Dec 16, 2024, 05:16 PM EST
DOTHAN, Ala. (AP) — DOTHAN, Ala. (AP) — Construction Partners Inc. (ROAD) on Thursday reported fiscal fourth-quarter profit of $29.3 million.
The Dothan, Alabama-based company said it had net income of 56 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 58 cents per share.
Sponsored
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The road and highway construction company posted revenue of $538.2 million in the period.
For the year, the company reported profit of $68.9 million, or $1.31 per share. Revenue was reported as $1.82 billion.
Construction Partners expects full-year revenue in the range of $2.48 billion to $2.58 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROAD at https://www.zacks.com/ap/ROAD
Sponsored
Read More from Investing
Popular News
Latest News
