Construction Partners, Inc. (ROAD) Misses Q2 EPS by 3c, Updates FY Guidance

Construction Partners, Inc. (NASDAQ: ROAD) reported Q2 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $168.7 million versus the consensus estimate of $168.85 million.

GUIDANCE:

Construction Partners, Inc. sees FY2020 revenue of $820-830 million, versus the consensus of $838.5 million.

• Net income of $32 million to $34 million
• Adjusted EBITDA (1) of $88 million to $91 million

For earnings history and earnings-related data on Construction Partners, Inc. (ROAD) click here.

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