BUZZ-Construction Partners rises on annual revenue forecast beat

Reuters
07 Feb
BUZZ-<a href="https://laohu8.com/S/ROAD">Construction Partners</a> rises on annual revenue forecast beat

** Shares of civil infrastructure co Construction Partners ROAD.O up 7.73% at $91 premarket

** ROAD expects FY25 revenue to be between $2.66 bln and $2.74 bln, above analysts' average estimate of $2.55 bln - LSEG data

** Co reports Q1 revenue of $561.6 mln, above estimates of $517.5 mln

** "In fiscal 2025, we continue to see strong industry tailwinds relative to customer demand for both publicly funded and commercial project work," CEO Fred J. Smith says

** Shares rose ~103.26% in 2024

(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10