Construction Partners Expects FY23 Revenue $1.535B-$1.555B (Prior $1.530B-$1.580B) Vs $1.57B Est
Portfolio Pulse from Benzinga Newsdesk
Construction Partners has revised its FY23 revenue forecast to $1.535B-$1.555B, down from the previous range of $1.530B-$1.580B. This is slightly below the estimated $1.57B.
August 04, 2023 | 11:01 am
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Construction Partners has lowered its FY23 revenue forecast, which is now below the estimated $1.57B.
The company's revised revenue forecast is lower than the previous range and also below the estimated $1.57B. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100