BUZZ-Construction Partners rises after Q4 revenue beats estimates

Reuters

2024/11/21

** Shares of civil infrastructure company Construction Partners Inc up 1.9% at $93.01

** Co reports quarterly revenue of $538.2 million, up 13% as compared to last year, above analysts expectations of $538.1 million as per data compiled by LSEG

** ROAD, however, posts Q4 profit of 56 cents per share, just below analysts' estimate of 57 cents per share

** Earlier in November, co said it expects its 2025 revenue to be in the range of $2.48 billion to $2.58 billion

** ROAD stock up ~112% YTD

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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