Construction Partners Q3 2024 GAAP EPS $0.59 Beats $0.54 Estimate, Sales $517.794M Beat $503.567M Estimate
Portfolio Pulse from Benzinga Newsdesk
Construction Partners (NASDAQ:ROAD) reported Q3 2024 earnings per share (EPS) of $0.59, surpassing the analyst consensus estimate of $0.54 by 9.26%. The company also reported quarterly sales of $517.794 million, exceeding the estimate of $503.567 million by 2.83%. This represents a 22.73% increase over the same period last year.
August 09, 2024 | 11:04 am
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Construction Partners (NASDAQ:ROAD) reported Q3 2024 earnings per share (EPS) of $0.59, beating the analyst consensus estimate of $0.54 by 9.26%. The company also reported quarterly sales of $517.794 million, exceeding the estimate of $503.567 million by 2.83%. This represents a 22.73% increase over the same period last year.
The company's strong performance in Q3 2024, with both EPS and sales exceeding analyst estimates, is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further supports a positive outlook.
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