
Civil infrastructure company Construction Partners (NASDAQ: ROAD) will be reporting earnings this Friday morning. Here’s what investors should know.
Construction Partners beat analysts’ revenue expectations last quarter, reporting revenues of $809.5 million, up 44.1% year on year. It was a stunning quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.
Is Construction Partners a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Construction Partners’s revenue to grow 19.5% year on year, slowing from the 53.9% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Construction Partners has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Construction Partners’s peers in the construction and maintenance services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Comfort Systems delivered year-on-year revenue growth of 56.5%, beating analysts’ expectations by 19.5%, and Granite Construction reported revenues up 30.4%, topping estimates by 18%. Comfort Systems traded down 2.7% following the results while Granite Construction was up 13.8%.
Read our full analysis of Comfort Systems’s results here and Granite Construction’s results here.
There has been positive sentiment among investors in the construction and maintenance services segment, with share prices up 12.1% on average over the last month. Construction Partners is up 25.1% during the same time and is heading into earnings with an average analyst price target of $139 (compared to the current share price of $134.85).
ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.
These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.
