These Analysts Cut Their Forecasts On Construction Partners After Q4 Results

Core Insights - Construction Partners Inc reported mixed fourth-quarter financial results, with earnings of $1.02 per share missing the analyst consensus estimate of $1.09, while quarterly sales of $899.849 million exceeded the estimate of $892.713 million [1][2] - The company affirmed its FY2026 sales guidance of $3.400 billion to $3.500 billion, indicating confidence in future growth [1] - The CEO highlighted strong performance driven by disciplined execution and strong market demand, supported by a workforce of over 6,800 employees [2] Analyst Reactions - B of A Securities analyst Michael Feniger maintained a Buy rating on Construction Partners but lowered the price target from $120 to $115 [5] - Baird analyst Andrew Wittmann also maintained an Outperform rating while reducing the price target from $131 to $124 [5] - Following the earnings announcement, analysts adjusted their price targets for the stock [3]