Construction Partners: Q2 Earnings Insights

Construction Partners ROAD reported its Q2 earnings results on Friday, May 5, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Construction Partners beat estimated earnings by 38.89%, reporting an EPS of $-0.11 versus an estimate of $-0.18.

Revenue was up $81.47 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.1% drop in the share price the next day.

Here's a look at Construction Partners's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.05 0.24 0.12 -0.05
EPS Actual 0.04 0.25 0.23 -0.18
Revenue Estimate 317.59M 358.38M 318.97M 217.66M
Revenue Actual 341.78M 393.05M 380.27M 243.38M

To track all earnings releases for Construction Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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