Construction Partners, Inc. Announces Fiscal 2020 Fourth Quarter and Year-End Results
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Construction Partners, Inc. (ROAD) Tops Q4 EPS by 4c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus
December 11, 2020 8:03 AM ESTConstruction Partners, Inc. (NASDAQ: ROAD) reported Q4 EPS of $0.34, $0.04 better than the analyst estimate of $0.30. Revenue for the quarter came in at $224.65 million versus the consensus estimate of $241.5 million.
Charles E. Owens, the Company's President and Chief Executive Officer, said, "We are pleased with our strong profitability in fiscal 2020. Our successful year was primarily driven by our disciplined approach to productivity at the project level and bidding processes, effective utilization of crews and equipment, vertical integration synergies and lower fuel costs. While... More
