How did ROAD's Q2 2025 EPS forecast compare to past surprises?
4/10/2025 06:33pm
Construction Partners, Inc. (ROAD) is scheduled to report its Q2 2025 earnings per share (EPS) on February 7, 2025. To date, no data is available for the Q2 2025 EPS surprise. However, we can analyze the company's historical earnings performance and surprises to gauge its potential for an earnings beat in Q2 2025.
1. **Historical Performance and Surprises**:
- In the last reported quarter, ROAD's EPS and revenues exceeded the Zacks Consensus Estimate by 1.8% and 0.1%, respectively.
- On a year-over-year basis, EPS decreased by 1.7%, while revenues grew by 13.3%.
- The company has a history of earnings surprises, with an average surprise of 32.2% over the trailing four quarters.
|code|Ticker|Name|Date|EPS Surprise YoY|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|ROAD|ROAD.O|Construction|20240930|-28.571428571428577|0.05|185|
|ROAD|ROAD.O|Construction|20241231|-142.85714285714286|-0.03|185|
|ROAD|ROAD.O|Construction|20250331|16.666666666666682|0.07|185|
2. **Analyst Expectations and Revisions**:
- The Zacks Consensus Estimate for Q2 2025 EPS is $0.14, reflecting a -26.3% year-over-year decrease.
- The estimated revenue for the quarter is $514.7 million, indicating a 29.8% growth from the previous year.
- The consensus EPS estimate has been revised 125% lower over the last 30 days, suggesting a potential for an earnings beat.
3. **Recent Performance and Outlook**:
- ROAD has a record project backlog of $1.96 billion as of September 30, 2024, which underscores strong demand across its Sunbelt markets.
- The company is expected to report a year-over-year decline in earnings on higher revenues when reporting Q1 FY2025 results, which is important to consider when evaluating the Q2 2025 forecast.
- Following the earnings release on February 7, 2025, the stock surged by 7.01% due to the company's strong financial results, exceeding Wall Street expectations.
In conclusion, while no specific data is available for ROAD's Q2 2025 EPS surprise, the company's historical performance, analyst revisions, and recent earnings beat suggest that there is a possibility of an earnings surprise in Q2 2025. The company's strong financial results and strategic growth initiatives could contribute to this outcome.