Construction Partners Inc (ROAD, Financial) is set to release its Q4 2024 earnings on Nov 21, 2024. The consensus estimate for Q4 2024 revenue is $538.05 million, and the earnings are expected to come in at $0.57 per share. The full year 2024's revenue is expected to be $1.82 billion and the earnings are expected to be $1.32 per share. More detailed estimate data can be found on the Forecast page.
Construction Partners Inc (ROAD, Financial) Estimates Trends
Revenue estimates for Construction Partners Inc (ROAD) have declined from $1.85 billion to $1.82 billion for the full year 2024. For 2025, revenue estimates have increased from $2.16 billion to $2.48 billion over the past 90 days. Earnings estimates have declined from $1.44 per share to $1.32 per share for the full year 2024, while for 2025, earnings estimates have increased from $1.82 per share to $1.85 per share over the past 90 days.
Construction Partners Inc (ROAD, Financial) Reported History
In the previous quarter ending 2024-06-30, Construction Partners Inc's (ROAD) actual revenue was $517.79 million, which beat analysts' revenue expectations of $503.57 million by 2.83%. Construction Partners Inc's (ROAD) actual earnings were $0.59 per share, which beat analysts' earnings expectations of $0.54 per share by 9.87%. After releasing the results, Construction Partners Inc (ROAD) was up by 1.78% in one day.
Construction Partners Inc (ROAD, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Construction Partners Inc (ROAD) is $91.67 with a high estimate of $100.00 and a low estimate of $75.00. The average target implies a downside of -1.43% from the current price of $93.00.
Based on GuruFocus estimates, the estimated GF Value for Construction Partners Inc (ROAD, Financial) in one year is $64.45, suggesting a downside of -30.70% from the current price of $93.00.
Based on the consensus recommendation from 5 brokerage firms, Construction Partners Inc's (ROAD, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
