Construction Partners Announces FY 2018 Third Quarter Results
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Construction Partners, Inc. (ROAD) Tops Q3 EPS by 6c, Revenues Beat
August 9, 2018 4:21 PM EDTConstruction Partners, Inc. (NASDAQ: ROAD) reported Q3 EPS of $0.29, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $195.1 million versus the consensus estimate of $193.72 million.
Revenue was $195.1 million, up 32%Gross profit was $29.5 million, up 23%Net income was $13.4 million, up 109%Diluted earnings per share were $0.29, up 93%Adjusted EBITDA(1) was $22.7 million, up 29%Backlog totaled $609 million at June 30, 2018Charles E. Owens, CPIs President and Chief Executive Officer, stated We are very pleased with our strong year-over-year growth in... More
