BUZZ-Construction Partners rises on annual revenue forecast beat

Reuters

2025/02/07

BUZZ-<a href="https://laohu8.com/S/ROAD">Construction Partners</a> rises on annual revenue forecast beat

** Shares of civil infrastructure co Construction Partners ROAD.O up 7.73% at $91 premarket

** ROAD expects FY25 revenue to be between $2.66 bln and $2.74 bln, above analysts' average estimate of $2.55 bln - LSEG data

** Co reports Q1 revenue of $561.6 mln, above estimates of $517.5 mln

** "In fiscal 2025, we continue to see strong industry tailwinds relative to customer demand for both publicly funded and commercial project work," CEO Fred J. Smith says

** Shares rose ~103.26% in 2024

(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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