Construction Partners (ROAD) Misses Q3 Earnings Estimates

Construction Partners (ROAD) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of$ 0.87 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.90%. A quarter ago, it was expected that this road and highway construction company would post a loss of$ 0.04 per share when it actually produced earnings of $0.08, delivering a surprise of +300%.Over the ...