Construction Partners

Construction Partners, Inc. is a civil infrastructure company, which engages in construction and maintenance of roadways and highways. The firm is also involved in the provision of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. The company was founded by Ned N. Fleming, III, R. Alan Palmer, and Charles E. Owens in 1999 and is headquartered in Dothan, AL.

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Construction Partners (ROAD) reports robust Q1 performance and growth outlook

Construction Partners (ROAD) delivered strong financial performance in Q1 2023, with revenue growth, record backlog, and revised annual guidance reflecting strategic decision-making and operational excellence.
While facing challenges with historical job margins and external factors, the company's focus on margin improvement, growth initiatives, and acquisitions positions it well for long-term success.
Opportunities in market expansion, acquisitions, and operational enhancements provide a positive outlook for Construction Partners (ROAD) as it navigates industry challenges and pursues growth.

Construction Partners (ROAD) excels in Q2, eyes growth opportunities

Construction Partners (ROAD) showcased strong financial performance in Q2 2023, underpinned by operational excellence and strategic advantages.
Despite challenges such as state budget uncertainties and margin pressures, the company's solid financial position and growth outlook position it well for future success.

Construction Partners (ROAD) achieves record Q3 results and eyes growth

Construction Partners (ROAD) delivered a stellar performance in Q3 2023, marked by record revenue, margin improvements, and strong net income growth.
Despite challenges like rising material costs, the company's strategic strengths, focus on efficiency, and growth initiatives position it well for future success.
With a positive outlook, confidence in growth prospects, and a commitment to operational excellence, Construction Partners remains poised for continued expansion and profitability.

Construction Partners (ROAD) posts record earnings, outlines ambitious growth plan

Construction Partners (ROAD) reported stellar financial performance, underpinned by strong revenue growth, margin expansion, and strategic acquisitions, setting the stage for future success.
While facing challenges such as margin pressures and supply chain disruptions, the company's focus on organic growth, customer relationships, and prudent financial management positions it well for sustained profitability.
With a clear strategic plan, robust balance sheet, and opportunities for growth, Construction Partners (ROAD) is poised to navigate industry headwinds, capitalize on market opportunities, and drive long-term value for stakeholders.

Construction Partners (ROAD) posts record Q1 results and outlines ambitious growth targets

Construction Partners (ROAD) delivered strong financial results in Q1 2024, backed by a record backlog and strategic acquisitions, setting a positive tone for future growth.
While facing challenges such as market dynamics and cost pressures, the company's clear vision, strong backlog visibility, and active bidding environments position it well for success.
Opportunities lie in sustained revenue growth, margin improvement, and infrastructure project demand, aligning with the company's strategic goals and long-term plan.

Construction Partners (ROAD) reports stellar Q2 performance and raises FY 2024 outlook

Construction Partners (ROAD) showcased robust operational performance and strategic growth initiatives in Q2 2024, leading to substantial revenue and EBITDA growth.
Despite challenges such as inflationary pressures and atypical backlog trends, the company remains well-positioned to capitalize on opportunities in the infrastructure market and maintain profitability.
With a strong backlog, healthy margins, and a busy second half ahead, Construction Partners (ROAD) is on track to meet its guidance and drive continued growth through a balanced approach to expansion.

Construction Partners (ROAD) reports robust Q3 earnings and growth outlook

Construction Partners (ROAD) delivered impressive financial results, showcasing strong revenue growth, margin expansion, and increased profitability.
The company's strategic focus on organic growth and acquisitions has bolstered its market position and financial performance.
Challenges in managing growth, competitive dynamics, and operational efficiency present areas for strategic focus and improvement.

Construction Partners (ROAD) reports record earnings and strategic acquisitions

Construction Partners (ROAD) delivered a stellar performance in Q4 2024, marked by record financial achievements and strategic acquisitions.
The company's strengths lie in its operational resilience, diversified footprint, and robust financial position.
While facing challenges in integration and market dynamics, ROAD has ample opportunities for growth and value creation.
Overall, ROAD's strong performance, strategic initiatives, and growth outlook position it favorably in the construction industry.

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Construction Partners, Inc. is a civil infrastructure company, which engages in the construction and maintenance of roadways and highways. The firm is also involved in the provision of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. The company was founded by Ned N. Fleming, III, R. Alan Palmer, and Charles E. Owens in 1999 and is headquartered in Dothan, AL.

Construction Partners (ROAD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago.

Construction Partners (ROAD) Q3 Earnings and Revenues Beat Estimates

Revenue Up 22.7% Compared to Q3 FY23 Net Income Up 42.4% Compared to Q3 FY23 Adjusted EBITDA Up 30.5% Compared to Q3 FY23 Record Backlog of $1.86 Billion Company Raises FY24 Outlook DOTHAN, Ala. , Aug. 9, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal third quarter ended June 30, 2024.

Construction Partners, Inc. Announces Fiscal 2024 Third Quarter Results

Construction Partners (ROAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Construction Partners (ROAD) Earnings Expected to Grow: Should You Buy?

Company Expands into Columbus Metro Area DOTHAN, Ala. , Aug. 1, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Robinson Paving Company, headquartered in Columbus, Georgia.

Construction Partners, Inc. Completes Georgia Acquisition

As Nvidia skids below key support, Construction Partners teases a record high with estimates of 50% growth down the road.

While Nvidia Skids, This Stock Paves The Way For Another Breakout — And 50% Growth

Investors interested in Building Products - Miscellaneous stocks are likely familiar with Heidelberg Materials AG Unsponsored ADR (HDELY) and Construction Partners (ROAD). But which of these two stocks offers value investors a better bang for their buck right now?

HDELY or ROAD: Which Is the Better Value Stock Right Now?

DOTHAN, Ala. , July 8, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it will release its fiscal 2024 third quarter results on August 9, 2024, before the market opens.

Construction Partners, Inc. Announces Schedule for Fiscal 2024 Third Quarter Earnings Release and Conference Call

NEW YORK , June 6, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Construction Partners, Inc. (NASDAQ: ROAD) on behalf of the company's shareholders.  The investigation seeks to determine whether Construction Partners's directors breached their fiduciary duties in connection with recent corporate actions.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Construction Partners, Inc. (NASDAQ: ROAD)

Construction Partners' (ROAD) recent acquisition is set to enhance and expand its product offerings and geographical reach.

Construction Partners (ROAD) Acquires Hudson Paving in NC

Company Adds Hot-Mix Asphalt Plant in Sandhills Area DOTHAN, Ala. , June 3, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Hudson Paving, Inc., headquartered in Rockingham, North Carolina.

Construction Partners, Inc. Completes North Carolina Acquisition

DOTHAN, Ala. , May 23, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that members of the Company's management team are scheduled to meet with investors at the Baird 2024 Global Consumer, Technology & Services Institutional Investors Conference on June 5, 2024.

Construction Partners, Inc. to Participate in the Baird 2024 Global Consumer, Technology & Services Institutional Investors Conference

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Construction Partners Inc. (NASDAQ:ROAD ) Q2 2024 Earnings Call Transcript May 10, 2024 10:00 AM ET Company Participants Rick Black - IR Jule Smith - President, CEO and Director Greg Hoffman - Senior VP & CFO Conference Call Participants Adam Thalhimer - Thompson Davis Tyler Brown - Raymond James Kathryn Thompson - Thompson Research Group Michael Feniger - Bank of America Stanley Elliott - Stifel Andrew Whitman - Baird Brent Thielman - D.A. Davidson Operator Greetings, and welcome to the Construction Partners' Second Quarter Fiscal 2024 Earnings Call.

Construction Partners Inc. (ROAD) Q2 2024 Earnings Call Transcript

Q2 Revenue Up 14% Compared to Q2 FY23 Q2 Adjusted EBITDA Up 45% Compared to Q2 FY23 Record Backlog of $1.79 Billion Company Raises FY24 Outlook DOTHAN, Ala. , May 10, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal second quarter ended March 31, 2024.

Construction Partners, Inc. Announces Fiscal 2024 Second Quarter Results

Will Construction Partners (ROAD) Report Negative Earnings Next Week? What You Should Know

DOTHAN, Ala. , April 9, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it will release its fiscal 2024 second quarter results on May 10, 2024, before the market opens.

Construction Partners, Inc. Announces Schedule for Fiscal 2024 Second Quarter Earnings Release and Conference Call

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Construction Partners (ROAD) a Buy as Wall Street Analysts Look Optimistic?

Brandon Owens Succeeds John Harper as President John Harper Named as Senior Vice President of Strategic Initiatives at Construction Partners, Inc. DOTHAN, Ala. , March 25, 2024 /PRNewswire/ -- Wiregrass Construction Company, Inc. ("Wiregrass"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across Alabama and Tennessee, today announced, in accordance with its management succession plan, that Brandon L.

Wiregrass Construction Company, Inc. Announces Planned Management Transition

Construction Partners (ROAD) closed at $53.96 in the latest trading session, marking a +1.75% move from the prior day.

Why Construction Partners (ROAD) Outpaced the Stock Market Today

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Brokers Suggest Investing in Construction Partners (ROAD): Read This Before Placing a Bet

In the most recent trading session, Construction Partners (ROAD) closed at $51.40, indicating a -1.68% shift from the previous trading day.

Construction Partners (ROAD) Falls More Steeply Than Broader Market: What Investors Need to Know

Construction Partners (ROAD) closed the most recent trading day at $51.34, moving -0.48% from the previous trading session.

Construction Partners (ROAD) Declines More Than Market: Some Information for Investors

DOTHAN, Ala. , Feb. 27, 2024  /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that members of the Company's management team are scheduled to meet with investors at the Raymond James Institutional Investors Conference on March 4 and 5, 2024.

Construction Partners, Inc. to Participate in the Raymond James Institutional Investors Conference

The first-quarter fiscal 2024 results of Construction Partners (ROAD) reflect strong public infrastructure demand, operational efficiency and the efficient execution of the ROAD-Map 2027 initiative.

Construction Partners (ROAD) Q1 Earnings Beat, Backlog Rises

Construction Partners Inc. (ROAD) Q1 2024 Earnings Call Transcript

News for Construction Partners Stock (ROAD)