Construction Partners ROAD reported its Q3 earnings results on Friday, August 5, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Construction Partners beat estimated earnings by 91.67%, reporting an EPS of $0.23 versus an estimate of $0.12.
Revenue was up $118.62 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.13 which was followed by a 7.9% drop in the share price the next day.
Here’s a look at Construction Partners’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | 0.08 | 0.40 | 0.33 |
| EPS Actual | -0.18 | 0.11 | 0.15 | 0.18 |
| Revenue Estimate | 217.66M | 238.52M | 312.37M | 293.33M |
| Revenue Actual | 243.38M | 284.96M | 279.04M | 261.66M |
To track all earnings releases for Construction Partners visit their earnings calendar here.
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