financetom
Business
financetom
/
Business
/
Construction Partners Swings to Fiscal Q1 Net Loss, Revenue Rises; Fiscal 2025 Revenue Outlook Raised
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Construction Partners Swings to Fiscal Q1 Net Loss, Revenue Rises; Fiscal 2025 Revenue Outlook Raised
Feb 7, 2025 4:48 AM

07:24 AM EST, 02/07/2025 (MT Newswires) -- Construction Partners ( ROAD ) reported fiscal Q1 net loss Friday of $0.06 per diluted share, swinging from earnings of $0.19 a year earlier.

Four analysts polled by FactSet expected earnings of $0.14.

Revenue for the quarter ended Dec. 31 was $561.6 million, up from $396.5 million a year earlier.

Analysts surveyed by FactSet expected $517.5 million.

For fiscal 2025, the company raised its revenue guidance to between $2.66 billion and $2.74 billion from its previous outlook of $2.48 billion to $2.58 billion. Analysts polled by FactSet expect $2.55 billion.

Shares of the company were up 5.8% in Friday's premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Synopsys Insider Sold Shares Worth $722,213, According to a Recent SEC Filing
Synopsys Insider Sold Shares Worth $722,213, According to a Recent SEC Filing
May 29, 2024
12:23 PM EDT, 05/29/2024 (MT Newswires) -- John F Runkel Jr, General Counsel & Corporate Secretary, on May 24, 2024, sold 1,239 shares in Synopsys ( SNPS ) for $722,213. Following the Form 4 filing with the SEC, Runkel has control over a total of 20,000 shares of the company, with 20,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/883241/000151773724000067/xslF345X03/edgardoc.xml Price: 578.79,...
Update: ConocoPhillips to Acquire Marathon Oil in All-Stock Deal; Marathon Oil Shares Rise
Update: ConocoPhillips to Acquire Marathon Oil in All-Stock Deal; Marathon Oil Shares Rise
May 29, 2024
12:25 PM EDT, 05/29/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first and fourth paragraphs.) Shares of Marathon Oil ( MRO ) were up 8% in recent Wednesday trading after it agreed to be acquired by ConocoPhillips ( COP ) in an all-stock deal with an enterprise value of $22.5 billion, inclusive of...
Update: Box Shares Rise After Fiscal Q1 Beat
Update: Box Shares Rise After Fiscal Q1 Beat
May 29, 2024
12:26 PM EDT, 05/29/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.) Box's (BOX) shares rose 8.4% in recent Wednesday trading, a day after the company reported fiscal Q1 non-GAAP earnings and revenue rose more than expected by analysts. Fiscal Q1 earning rose to $0.39 per diluted share from $0.32 a year earlier.,...
Chevron shareholders re-elect all directors, CEO confident on Hess deal
Chevron shareholders re-elect all directors, CEO confident on Hess deal
May 29, 2024
May 29 (Reuters) - Chevron ( CVX ) shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major. CEO Michael Wirth said the company was moving ahead on the U.S. Federal Trade Commission's review of its proposed buyout of oil producer Hess Corp ( HES ) in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved