DOTHAN, Ala. (AP) — DOTHAN, Ala. (AP) — Construction Partners Inc. (ROAD) on Thursday reported fiscal fourth-quarter earnings of $56.6 million.
On a per-share basis, the Dothan, Alabama-based company said it had profit of $1.02. Earnings, adjusted for non-recurring costs, were $1.07 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The road and highway construction company posted revenue of $899.8 million in the period.
For the year, the company reported profit of $101.8 million, or $1.84 per share. Revenue was reported as $2.81 billion.
Construction Partners expects full-year revenue in the range of $3.4 billion to $3.5 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROAD at https://www.zacks.com/ap/ROAD
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