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0 -0.000591575958353187 -0.00147893989588263 -0.00207051585423582 -0.00195220066256515 -0.00863700899195461 -0.00863700899195461 -0.00863700899195461
Stock impact report

Strength Seen in Construction Partners (ROAD): Can Its 13.4% Jump Turn into More Strength? [Yahoo! Finance]

Construction Partners, Inc. (ROAD) 
Last construction partners, inc. earnings: 2/7 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3% gain over the past four weeks. The upside can be attributed to the company's announcement to acquire Asphalt Inc., LLC. ROAD recently entered a deal to acquire Asphalt Inc., LLC doing business as Lone Star Paving, a vertically integrated asphalt manufacturing and paving company headquartered in Austin, TX. This acquisition is expected to enhance Construction Partners' earnings and contribute $530 million in revenues and $120 million in Adjusted EBITDA for fiscal 2025. Also. the company announced preliminary results for fiscal 2024 and introduced guidance for fiscal 2025. This road and highway construction company is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year change of +13.6%. Revenues are expected to be $559.7 million, up 17.8% from the year-ago quarter. Earni Show less Read more
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