Construction Partners (ROAD) Q3 Up 51%
Construction Partners (NASDAQ:ROAD), a leading civil infrastructure company serving public and commercial clients across the Southeastern and Southwestern United States, released its third-quarter fiscal 2025 earnings on August 7, 2025. The most important news: Revenue (GAAP) rose to $779.3 million, marking a 51.0% increase from the year-ago period. However, the result fell short of the analyst consensus estimate of $783.6 million. Non-GAAP earnings per share were $0.81, just under the estimated $0.82 (non-GAAP). Despite narrowly missing expectations on both revenue (GAAP) and earnings (non-GAAP EPS), the company posted record backlog of $2.94 billion and significantly expanded Adjusted EBITDA margins in Q2 and Q3, signaling ongoing robust demand and successful execution of its acquisition-focused strategy.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report.
Construction Partners builds, repairs, and maintains infrastructure such as roads, highways, bridges, and airports, primarily for public clients. The company operates across eight states: Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. It is known for its strong focus on government-funded projects, which made up around 63% of its FY2024 revenues.
Source Fool.com
