BUZZ-Construction Partners rises on annual revenue forecast beat
ReutersFeb 7, 2025 1:52 PM
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
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