These Analysts Cut Their Forecasts On Construction Partners After Q4 Results - Construction Partners (NASDAQ:ROAD)

Core Viewpoint - Construction Partners Inc reported mixed fourth-quarter financial results, with earnings per share missing analyst expectations but sales exceeding them [1][2]. Financial Performance - Quarterly earnings were $1.02 per share, below the analyst consensus estimate of $1.09 per share [1]. - Quarterly sales reached $899.849 million, surpassing the analyst consensus estimate of $892.713 million [1]. Future Guidance - The company affirmed its FY2026 sales guidance, projecting sales between $3.400 billion and $3.500 billion [1]. Management Commentary - CEO Fred J. (Jule) Smith, III highlighted strong fourth-quarter performance, significant growth, and margin expansion, attributing success to disciplined execution and strong market demand [2]. Stock Performance - Following the earnings announcement, Construction Partners shares fell by 0.4% to $100.06 [2]. Analyst Ratings and Price Targets - B of A Securities analyst Michael Feniger maintained a Buy rating but lowered the price target from $120 to $115 [5]. - Baird analyst Andrew Wittmann maintained an Outperform rating and reduced the price target from $131 to $124 [5].