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Construction Partners Inc (ROAD)
NASDAQ:ROAD
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 07, 2025
|% Change Since: -17.83%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with record-breaking revenue and strong growth metrics, despite some challenges such as acquisition-related expenses impacting net income. The strategic acquisitions and robust market conditions contribute to a strong growth trajectory.Company Guidance
During the Construction Partners conference call for the first quarter of fiscal 2025, management provided guidance and key metrics highlighting a strong start to the fiscal year. Revenue increased by 41.6% year-over-year to $561.6 million, with organic growth contributing 11.2% and acquisitions contributing 30.4%. The EBITDA margin improved by almost 200 basis points year-over-year, reaching 12.3%. The company reported a record project backlog of $2.66 billion, indicating strong demand for infrastructure services. Management revised its outlook for fiscal 2025, projecting revenue between $2.66 billion and $2.74 billion, with adjusted EBITDA expected to be around $335 million. Additionally, they highlighted recent strategic acquisitions, such as Oberlin Corporation and Mobile Asphalt Company, which are expected to contribute $120 million to $130 million in revenue for the fiscal year. Overall, Construction Partners remains optimistic about its growth prospects, supported by a healthy acquisition pipeline and robust market conditions in the Sunbelt region.Record Revenue and Growth
CPI reported a record revenue quarter with a year-over-year growth of 42% and record backlog of $2.66 billion.
Strong EBITDA Performance
Adjusted EBITDA increased by 68% compared to the first quarter of fiscal 2024, with margins growing by almost 200 basis points.
Successful Acquisitions
CPI acquired Oberlin Corporation and Mobile Asphalt Company, expanding its market presence in Oklahoma and Alabama.
Positive Market Conditions
Strong demand for infrastructure services in the Sunbelt, with public infrastructure funding increasing year-over-year by approximately 16%.
11% Organic Growth
The company achieved an 11% organic growth rate this quarter, highlighting its focus on expanding current market operations.
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ROAD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ROAD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 07, 2025 | $84.47 | $86.76 | +2.71% |
| Nov 21, 2024 | $91.31 | $96.85 | +6.07% |
| Aug 09, 2024 | $58.30 | $59.34 | +1.78% |
| May 10, 2024 | $53.81 | $55.44 | +3.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Construction Partners Inc (ROAD) report earnings?
Construction Partners Inc (ROAD) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Construction Partners Inc (ROAD) earnings time?
Construction Partners Inc (ROAD) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ROAD EPS forecast?
ROAD EPS forecast for the fiscal quarter 2025 (Q2) is -0.07.
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