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Wasatch Global is Optimistic that Construction Partners (ROAD) Will Benefit From Infra Spending

Wasatch Global is Optimistic that Construction Partners (ROAD) Will Benefit From Infra Spending Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 14.74% was recorded by the fund’s investor class for the Q1 of 2021, trailing the benchmark, Russell Microcap® Index, which leapt 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Wasatch Micro Cap Value Fund, in its Q1 2021 investor letter, mentioned Construction Partners, Inc. (NASDAQ: ROAD), and shared their insights on the company. Construction Partners, Inc. is a Dothan, Alabama-based construction company that currently has a $1.6 billion market capitalization. Since the beginning of the year, ROAD delivered an 8.07% return, extending its 12-month gains to 95.53%. As of May 10, 2021, the stock closed at $31.46 per share.

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Construction Partners, Inc (ROAD) Q2 2021 Earnings Call Transcript

Greetings and welcome to the Construction Partners Second Quarter 2021 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Rick Black, Investor Relations. Thank you. You may begin. Rick Black Executive Vice President Thank you, operator, and good morning everyone. We appreciate you joining us for the Construction Partners conference call to review second quarter fiscal year 2021 results. This call is also being webcast and can be accessed through the audio link on the Events and Presentations page of the Investor Relations section of constructionpartners.net. Information on this call speaks only as of today, May 7, 2021, so please be advised that any time sensitive information may no longer be accurate as of the date of any replay.

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Construction Partners, Inc (ROAD) Misses Q2 EPS by 18c, Revenues Miss

Construction Partners, Inc (ROAD) Misses Q2 EPS by 18c, Revenues Miss
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Construction Partners: Fiscal Q2 Earnings Snapshot

Construction Partners: Fiscal Q2 Earnings Snapshot May 7, 2021 FacebookTwitterEmail DOTHAN, Ala. (AP) Construction Partners Inc. (ROAD) on Friday reported a fiscal second-quarter loss of $4.9 million, after reporting a profit in the same period a year earlier. The Dothan, Alabama-based company said it had a loss of 10 cents per share. Losses, adjusted for non-recurring costs, were 4 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. The road and highway construction company posted revenue of $179.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $208 million.

United statesConstruction partners incZacks investment researchConstruction partnersWall streetAutomated insightsZacks investmentஒன்றுபட்டது மாநிலங்களில்கட்டுமானம் கூட்டாளர்கள் இன்க்ஜாக்கக்ஸ் முதலீடு ஆராய்ச்சிகட்டுமானம் கூட்டாளர்கள்சுவர் தெருதானியங்கி நுண்ணறிவுஜாக்கக்ஸ் முதலீடு

Astrazeneca PLC (NYSE:AZN), Caterpillar, Inc (NYSE:CAT) - Fed Minutes Later Today Loom Large As Investors Seek Insight Into FOMC s Next Steps

Share: It’s been a dull week so far, but things pick up starting today in case you’re falling asleep. The main event comes this afternoon with minutes from the last Federal Open Market Committee (FOMC) meeting last month. The minutes are being looked at as something that could give the market a catalyst one way or another. What people really want to see in the minutes is whether there’s any hint of what’s to come over the next six months. You can pretty much bet every word will be parsed closely by market participants. The minutes could provide a good behind-the-scenes look at any debate that went on before Chairman Jerome Powell held his press conference and doubled down on the commitment to stay accommodative even when inflation starts showing up.

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