Construction Partners, Inc. Announces Fiscal 2019 Second Quarter Results

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Construction Partners, Inc. (ROAD) Tops Q2 EPS by 3c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

May 9, 2019 4:22 PM EDT

Construction Partners, Inc. (NASDAQ: ROAD) reported Q2 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $164.3 million versus the consensus estimate of $145.17 million.

Revenue was $164.3 million, up 38.2%Gross profit was $19.8 million, up 44.0%Net income was $4.2 million, down 62.6% (1)Adjusted EBITDA(2) was $13.9 million, up 74.2%

Charles E. Owens, the Companys... More