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Is Construction Partners (ROAD) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-14 17:47
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...
Construction Partners (ROAD) Q3 Earnings Beat, Backlog Rises
ZACKS· 2024-08-13 16:10
Construction Partners, Inc. (ROAD) reported solid third-quarter fiscal 2024 (ended Jun 30, 2024) results, with earnings and revenues surpassing the Zacks Consensus Estimate and increased on a year-over-year basis. The company's quarterly result reflects a strong demand environment across more than 70 local markets in the Southeast. Owing to strong industry demand and favorable funding trends, the company raised its fiscal 2024 outlook. ROAD focuses on safely and efficiently building projects across six sout ...
Construction Partners (ROAD) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-09 13:15
Construction Partners (ROAD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.26%. A quarter ago, it was expected that this road and highway construction company would post a loss of $0.07 per share when it actually produced a loss of $0.02, delivering a surprise of 71.43%. Over the ...
Construction Partners (ROAD) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-08-02 15:01
The market expects Construction Partners (ROAD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 9, 2024, might help the stock move higher if these key num ...
POLARIS OFF ROAD EXPANDS INDUSTRY-LEADING PRODUCT LINEUP FOR 2025 WITH NEW MODELS AND RIDER-INSPIRED UPGRADES, CONTINUING TO DELIVER MORE VALUE TO CUSTOMERS
Prnewswire· 2024-08-02 13:15
Customers Will Now Enjoy A Two-Year Limited Warranty Across the Entire RANGER Lineup RANGER XP 1000 NorthStar Trail Boss Returns and GENERAL 4 1000 Sport Joins the Lineup A Host of Updated Features and Colors & Graphics Deliver a Higher Level of Options & Overall Value MINNEAPOLIS, Aug. 2, 2024 /PRNewswire/ -- Complementing the launch of the redesigned and enhanced RZR Pro lineup, Polaris Off Road today unveiled its 2025 upgrades to the off-road industry's broadest lineup. The 2025 lineup enhancements inclu ...
Construction Partners, Inc. Completes Georgia Acquisition
Prnewswire· 2024-08-01 20:15
Company Expands into Columbus Metro Area DOTHAN, Ala., Aug. 1, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Robinson Paving Company, headquartered in Columbus, Georgia. In connection with the transaction, the Company added three hot-mix asphalt plants and related crews and equipment ...
POLARIS OFF ROAD UNVEILS 2025 RZR XP LINEUP, BUILDING ON THE LEGACY OF THE BEST-SELLING SPORT SIDE-BY-SIDE
Prnewswire· 2024-06-20 16:00
RZR XP Lineup Continues to Deliver Riders Performance, Technology & Durability 2025 Highlights Include Refreshed Colors & Graphics, Trim-Level Enhancements, New Features and Lower Pricing Across All Trim Levels MINNEAPOLIS, June 20, 2024 /PRNewswire/ -- Building on last year's groundbreaking RZR XP redesign, Polaris Off Road, the leader in off-road vehicle innovation, today announces the 2025 RZR XP lineup that continues to deliver game-changing durability, category-leading performance and trail-optimized t ...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Construction Partners, Inc. (NASDAQ: ROAD)
Prnewswire· 2024-06-06 16:10
Core Viewpoint - Purcell & Lefkowitz LLP is investigating Construction Partners, Inc. to determine if the company's directors breached their fiduciary duties related to recent corporate actions [1] Group 1 - The investigation is being conducted on behalf of the shareholders of Construction Partners, Inc. [1] - The law firm specializes in representing shareholders who are victims of securities fraud and breaches of fiduciary duty [3] - Shareholders interested in their rights and options can contact the firm for additional information [2]
Construction Partners (ROAD) Acquires Hudson Paving in NC
ZACKS· 2024-06-04 17:36
Construction Partners, Inc. (ROAD) or CPI acquired Rockingham, NC-based Hudson Paving, Inc., which will add a hot-mix asphalt plant and related crews and equipment serving in the Sandhills region. Some better-ranked stocks in the same space are: Frontdoor, Inc. (FTDR) : Based in Memphis, TN, the company provides home service plans in the United States. The firm is benefiting from impressive customer retention rates. Thanks to the robust awareness of the Frontdoor brand, it has been shifting its attention to ...
Construction Partners, Inc. Completes North Carolina Acquisition
Prnewswire· 2024-06-03 20:15
Company Adds Hot-Mix Asphalt Plant in Sandhills Area Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across six southeastern states. Supported by its hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals, the Company focuses on the construction, repair and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. ...