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.

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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.

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URI vs. ROAD: Which Stock Is the Better Value Option?

DOTHAN, Ala. , Nov. 1, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2022 fourth quarter and full year results on November 22, 2022, before the market opens.

Construction Partners, Inc. Announces Schedule for Fiscal 2022 Fourth Quarter and Full Year Earnings Release and Conference Call

DOTHAN, Ala. , Oct. 25, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that members of the Company's management team are scheduled to meet with investors at the Baird 2022 Global Industrial Conference on November 8 and 9, 2022.

Construction Partners, Inc. to Participate in the Baird 2022 Global Industrial Conference

DOTHAN, Ala. , Oct. 4, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today provided an initial update following the landfall of Hurricane Ian regarding its impact on the Company's operations.

Construction Partners, Inc. Provides Operational Update Following Hurricane Ian

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

Higher infrastructural spending, solid organic growth and acquisition strategies and a robust backlog are likely to help Construction Partners (ROAD) to grow further.

Reasons to Add Construction Partners (ROAD) to Your Portfolio

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Although macroeconomic woes are concerns for the Zacks Building Products - Miscellaneous industry, focus on operational efficiencies raises hopes. Let us analyze which is a better pick - ROCK or ROAD.

ROCK Vs. ROAD: Which Building Products Stock is Worth a Bet?

Construction Partners (ROAD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Construction Partners (ROAD) a New Buy Stock

I will review the results from my initial article about this company from nearly three years ago. Readers will see my update for my current thesis on what the company offers its investors.

Construction Partners: Still Rolling And Paving The Road To Profits

Benson Asphalt Plant to Serve Multiple Market Areas DOTHAN, Ala. , Aug. 22, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has commenced operations at a new hot-mix asphalt plant site in Benson, North Carolina.

Construction Partners, Inc. Announces North Carolina Greenfield

DOTHAN, Ala. , Aug. 16, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will participate in the Raymond James 2022 Diversified Industrials Conference.

Construction Partners, Inc. to Participate in the Raymond James 2022 Diversified Industrials Conference

Construction Partners, Inc. (NASDAQ:ROAD ) Q3 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Rick Black - Investor Relations Jule Smith - President and Chief Executive Officer Alan Palmer - Executive Vice President and Chief Financial Officer and Ned Fleming - Executive Chairman Conference Call Participants Michael Feniger - Bank of America Andy Whitman - Baird Stanley Elliott - Stifel Adam Thalhimer - Thompson Davis Brian Russo - Sidoti Operator Greetings and welcome to the Construction Partners Inc. Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

Construction Partners, Inc. (ROAD) CEO Jule Smith on Q3 2022 Results - Earnings Call Transcript

Construction Partners (ROAD) delivered earnings and revenue surprises of 109.09% and 19.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Construction Partners (ROAD) Beats Q3 Earnings and Revenue Estimates

Revenue Up 45%, Net Income Up 30%, Adjusted EBITDA Up 30%, Compared to FYQ3 Last Year Company Reports Record Backlog of $1.33 Billion DOTHAN, Ala. , Aug. 5, 2022 /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 five southeastern states, today reported financial and operating results for the fiscal quarter ended June 30, 2022.

Construction Partners, Inc. Announces Fiscal 2022 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.

Earnings Preview: Construction Partners (ROAD) Q3 Earnings Expected to Decline

DOTHAN, Ala. , June 16, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2022 third quarter results on August 5, 2022, before the market opens.

Construction Partners, Inc. Announces Schedule for Fiscal 2022 Third Quarter Earnings Release and Conference Call

Construction Partners, Inc. (NASDAQ:ROAD ) Q2 2022 Earnings Conference Call May 6, 2022 10:30 AM ET Company Participants Rick Black - Investor Relations Jule Smith - Chief Executive Officer Alan Palmer - Chief Financial Officer Ned Fleming - Executive Chairman Conference Call Participants Andy Wittmann - Baird Stanley Elliott - Stifel Josh Wilson - Raymond James Adam Thalhimer - Thompson Davis Brent Thielman - D.A. Davidson Operator Greetings and welcome to the Construction Partners, Inc. Second Quarter Earnings Conference Call.

Construction Partners, Inc. (ROAD) CEO Jule Smith on Q2 2022 Results - Earnings Call Transcript

Construction Partners Inc (NASDAQ: ROAD) reported second-quarter FY22 revenue growth of 35.9% year-over-year to $243.4 million, beating the consensus of $217.66 million. EPS loss widened to $(0.18) from $(0.10) in 2Q21, missing the consensus of $(0.05).

Why Construction Partners Shares Are Falling Today

Revenue Growth of 36% Compared to Second Quarter Last Year Record Backlog of $1.28 Billion DOTHAN, Ala. , May 6, 2022 /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 five southeastern states, today reported financial and operating results for the fiscal second quarter ended March 31, 2022.

Construction Partners, Inc. Announces Fiscal 2022 Second Quarter Results

Company Enhances Asphalt and Sitework Business in Panhandle DOTHAN, Ala. , March 18, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired the asphalt, grading and sitework operational assets of GAC Contractors, Inc., including its hot-mix asphalt plant in Panama City, Florida.

Construction Partners, Inc. Completes Florida Acquisition

Construction Partners, Inc.'s (ROAD) CEO Jule Smith on Q1 2022 Results - Earnings Call Transcript

Construction Partners (ROAD) delivered earnings and revenue surprises of 0% and 19.70%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Construction Partners (ROAD) Matches Q1 Earnings Estimates

Construction Partners Inc  ROAD reported first-quarter FY22 revenue growth of 49.3% year-over-year to $284.96 million, beating the consensus of $238.52 million. EPS decreased to $0.11 from $0.15 in 1Q21, beating the consensus of $0.08.

Construction Partners Q1 Earnings Exceed Expectations; Maintains FY22 Outlook

DOTHAN, Ala., Feb. 4, 2022 /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 five southeastern states, today reported financial and operating results for the fiscal first quarter ended December 31, 2021.

Construction Partners, Inc. Announces Fiscal 2022 First Quarter Results

DOTHAN, Ala., Jan. 5, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it will release its fiscal 2022 first quarter results on February 4, 2022, before the market opens.

News for Construction Partners Stock (ROAD)