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FX.co ★ Construction Partners Initiates Annual Outlook; Expects Net Profit, Revenue To Improve

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typeContent_19130:::2024-11-21T13:16:00

Construction Partners Initiates Annual Outlook; Expects Net Profit, Revenue To Improve

Construction Partners, Inc. (NASDAQ: ROAD), a company specializing in civil infrastructure, has announced its financial guidance for the full year 2025, projecting improvements over the previous year's performance.

Fred J. (Jule) Smith, III, the CEO of Construction Partners, remarked, "We anticipate continued growth and increased profitability for fiscal 2025, fueled in part by the integration of Lone Star over eleven months during this period. This strategic acquisition enables us to advance our ROAD-Map 2027 plan and offers our investors and stakeholders long-term value."

For the fiscal year ending September 30, 2025, Construction Partners anticipates net earnings ranging from $97 million to $113 million, with revenue projected between $2.48 billion and $2.58 billion.

This aligns with analysts' projections, as five of them, surveyed by Thomson Reuters, estimate the company will achieve approximately $2.49 billion in revenue for the year, noting that such forecasts typically do not include special items.

In comparison, for the previous fiscal year, the company recorded a net income of $68.935 million on revenues amounting to $1.823 billion.

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