Constr Partners Stock Price, News & Analysis

Construction Partners Inc (NASDAQ: ROAD), a vertically integrated civil infrastructure company focused on roadway construction and maintenance across the Sunbelt region, has scheduled its fiscal 2025 second quarter earnings release for May 9, 2025, before market opening.

The company will host a conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on the same day. Investors can access the call via phone by dialing (412) 902-0003 or through a webcast on the company's Investor Relations website. A replay will be available until May 16, 2025.

Construction Partners (NASDAQ: ROAD), a vertically integrated civil infrastructure company focused on roadway construction and maintenance across the Sunbelt region, has announced its participation in the upcoming Raymond James Institutional Investors Conference.

The company's management team will engage with investors on March 3 and 4, 2025. A key highlight includes a 'Fire Side Chat' discussion scheduled for March 3rd at 2:50 p.m. Eastern Time. Investors and interested parties can access the live broadcast of this discussion through the company's investor relations website at http://ir.constructionpartners.net/events-and-presentations.

Construction Partners (NASDAQ: ROAD) reported strong Q1 FY2025 results with revenue reaching $561.6 million, up 42% year-over-year. The company achieved a record project backlog of $2.66 billion and significant Adjusted EBITDA growth of 68% to $68.8 million.

The revenue growth included $120.9 million from acquisitions and $44.2 million from existing markets. Despite reporting a net loss of $3.1 million due to acquisition-related expenses, adjusted net income was $13.3 million with adjusted earnings per share of $0.25.

The company completed the acquisition of Lone Star Paving in Texas and made two subsequent acquisitions in 2025: Overland in Oklahoma and Mobile Asphalt Company in Alabama. Following these strong results, CPI raised its FY2025 outlook, projecting revenue between $2.66-2.74 billion and adjusted EBITDA of $375-400 million.

Construction Partners (NASDAQ: ROAD) has acquired Mobile Asphalt Company , expanding its presence in southwestern Alabama. The transaction includes five hot-mix asphalt plants and related crews and equipment serving the Mobile metro area and surrounding markets.

This acquisition follows ROAD's initial entry into the Mobile market in September through the acquisition of John G. Walton Construction Company. The strategic expansion aims to capitalize on increased economic activity driven by the Port of Mobile and development along Alabama's Gulf Coast, one of the state's fastest-growing regions.

The acquired business will operate as a new branded division under Wiregrass Construction Company, ROAD's Alabama platform company, maintaining the Mobile Asphalt Company name.

Construction Partners (NASDAQ: ROAD), a vertically integrated civil infrastructure company focused on roadway construction and maintenance across the Sunbelt region, has announced its upcoming fiscal 2025 first quarter earnings release schedule. The company will disclose its Q1 results on February 7, 2025, before market opening.

A conference call to discuss the results is scheduled for 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on the same day. Interested parties can access the call via phone by dialing (412) 902-0003 or through a webcast on the company's Investor Relations website. A replay will be available until February 14, 2025.

Construction Partners (NASDAQ: ROAD) has acquired Overland , an asphalt manufacturing and paving company based in Ardmore, Oklahoma. The acquisition includes eight hot-mix asphalt plants serving southern and western Oklahoma and northern Texas markets, marking CPI's entry into its eighth state.

Overland , founded by Reggie Sullivan and led by President Darren Ratajski, provides paving services for public, commercial, and residential projects. The company is strategically positioned to capitalize on strong asphalt markets in Oklahoma and northern Texas, particularly as the Dallas metro area expands northward.

The acquisition aligns with CPI's strategy to reduce its leverage ratio to approximately 2.5x in the next 4-6 quarters while supporting sustained, profitable growth. The company emphasized the cultural and operational fit of this strategic expansion.

Construction Partners (NASDAQ: ROAD) reported strong financial results for fiscal 2024. Revenue increased 17% to $1.82 billion, while net income grew 41% to $68.9 million. The company achieved an Adjusted EBITDA of $220.6 million, up 28% from 2023, with a margin of 12.1%. Project backlog reached a record $1.96 billion. The company completed eight acquisitions during the year, including Lone Star Paving in Texas. For fiscal 2025, CPI projects revenue between $2.48-2.58 billion and net income of $97-113 million.

Construction Partners (NASDAQ: ROAD) has announced it will release its fiscal 2024 fourth quarter and full year results on November 21, 2024, before market opens. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the results. Investors can access the call via phone at (412) 902-0003 or through webcast on the company's Investor Relations website. A replay will be available through November 28, 2024.

Construction Partners (NASDAQ: ROAD), a civil infrastructure company focused on roadway construction and maintenance across the Sunbelt, has announced its participation in the Baird 2024 Global Industrial Conference. The company's management team will engage with investors on November 13, 2024, featuring a 'Fire Side Chat' discussion scheduled for 4:05 p.m. Eastern Time/3:05 p.m. Central Time.

The discussion will be available through a live internet broadcast, accessible via the company's investor relations website section for events and presentations.