Construction Partners, Inc. Announces Fiscal 2020 First Quarter Results

Go back to Construction Partners, Inc. Announces Fiscal 2020 First Quarter Results

Construction Partners, Inc. (ROAD) Reports In-Line Q1 EPS, Revenues Beat; Maintains FY20 Revenue Outlook

February 7, 2020 7:02 AM EST

Construction Partners, Inc. (NASDAQ: ROAD) reported Q1 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $175.3 million versus the consensus estimate of $173.44 million.

Key Metrics: First Quarter of Fiscal 2020 Compared to the First Quarter of Fiscal 2019

Revenue was $175.3 million, up 13.6%Gross profit was $23.8 million, up 12.4%Net income was $5.5 million, up 6.0%Earnings per share were $0.11, up from $0.10Adjusted EBITDA (1) was $17.2 million, up... More