Construction Partners (ROAD) Beats Q2 Earnings and Revenue Estimates

Construction Partners (ROAD) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this road and highway construction company would post earnings of $0.14 per share when it actually produced earnings of $0.25, delivering a surprise of 78.57%.O ...