Construction Partners (ROAD) Expected to Post Quarterly Earnings on Friday

Construction Partners (NASDAQ:ROAD) is expected to be releasing its Q3 2026 results before the market opens on Friday, August 7th. Analysts expect the company to post earnings of $1.01 per share and revenue of $948.7750 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Friday, August 7, 2026 at 10:00 AM ET.

Construction Partners (NASDAQ:ROAD) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.23. Construction Partners had a net margin of 3.90% and a return on equity of 15.22%. The company had revenue of $769.20 million for the quarter, compared to the consensus estimate of $678.46 million. During the same period in the prior year, the firm posted $0.08 EPS. The firm’s revenue was up 34.6% compared to the same quarter last year. On average, analysts expect Construction Partners to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Construction Partners Stock Performance

Construction Partners stock opened at $106.71 on Wednesday. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.53 and a quick ratio of 1.21. Construction Partners has a 1-year low of $93.22 and a 1-year high of $151.00. The firm has a market capitalization of $6.03 billion, a P/E ratio of 46.80, a price-to-earnings-growth ratio of 0.91 and a beta of 0.89. The company’s 50-day moving average is $110.14 and its 200 day moving average is $116.66.

Institutional Investors Weigh In On Construction Partners

Several large investors have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its stake in Construction Partners by 23.7% in the 4th quarter. Invesco Ltd. now owns 1,481,914 shares of the company’s stock worth $160,862,000 after acquiring an additional 284,082 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Construction Partners by 176.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 361,837 shares of the company’s stock valued at $39,277,000 after acquiring an additional 231,160 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Construction Partners by 41.9% during the third quarter. Bank of America Corp DE now owns 757,172 shares of the company’s stock valued at $96,161,000 after acquiring an additional 223,549 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in shares of Construction Partners by 149.6% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 351,259 shares of the company’s stock valued at $38,129,000 after purchasing an additional 210,517 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Construction Partners by 1,717.9% in the fourth quarter. Millennium Management LLC now owns 220,312 shares of the company’s stock valued at $23,915,000 after purchasing an additional 208,193 shares during the period. 94.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ROAD has been the subject of several recent analyst reports. Robert W. Baird dropped their target price on Construction Partners from $169.00 to $145.00 and set an “outperform” rating for the company in a research report on Wednesday, July 1st. Weiss Ratings downgraded Construction Partners from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Raymond James Financial decreased their price target on Construction Partners from $161.00 to $150.00 and set a “strong-buy” rating for the company in a research note on Wednesday, July 15th. Zacks Research cut Construction Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 16th. Finally, Truist Financial initiated coverage on Construction Partners in a research report on Wednesday, June 3rd. They issued a “hold” rating and a $130.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.17.

Construction Partners Company Profile

Construction Partners, Inc (NASDAQ: ROAD) is a specialty contractor and infrastructure solutions provider focused on road building, paving, site development and aggregate production. The company delivers a comprehensive suite of civil construction services, including roadway paving and milling, site grading and preparation, stormwater and utility installation, and full-scale asphalt plant operations. By integrating materials production with contracting capabilities, the firm aims to streamline project delivery and maintain quality control across its contracting and materials businesses.

At the heart of Construction Partners’ operations are its network of asphalt plants, quarries and aggregate production facilities.