Construction Partners, Inc. (ROAD) Misses Q4 EPS by 2c, Revenues Miss; Offers FY20 Revenue Guidance Above Consensus

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Go back to Construction Partners, Inc. (ROAD) Misses Q4 EPS by 2c, Revenues Miss; Offers FY20 Revenue Guidance Above Consensus

Construction Partners, Inc. Announces Fiscal 2019 Fourth Quarter and Year-End Results

December 9, 2019 4:17 PM EST

Reports Record Revenue, Gross Profit and Adjusted EBITDA Provides FY 2020 Outlook

DOTHAN, Ala., Dec. 09, 2019 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the Company), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today reported financial and operating results for its fourth quarter and fiscal year ended September 30, 2019.

Key Metrics:  Fiscal Year 2019 Compared to Fiscal Year 2018

Revenue was $783.2 million, up 15.2%Gross profit was $118.0 million, up 18.5%Net income was $43.1 million, down 15.1%... More