Construction Partners Inc. (ROAD) has released their earnings highlights for the first quarter.
- Earnings: The company reported a loss of $3.05 million in Q1, a significant decline from the $9.84 million profit recorded during the same period the previous year.
- Earnings Per Share (EPS): There was a deficit of $0.06 per share in Q1, contrasting with an EPS of $0.19 in the corresponding period last year. This was below the analysts' expectations of $0.15 per share.
- Revenue: Despite the earnings decline, revenue saw a robust increase, rising to $561.58 million in Q1 from $396.51 million in the previous year’s same quarter.
**Guidance:** The company has provided full-year revenue guidance, expecting between $2.66 billion and $2.74 billion.
