Construction Partners (NASDAQ: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.
