Stock Track | Construction Partners Soars 5.11% in Pre-Market on Strong Q1 Earnings Beat and Raised Guidance

Stock Track02-05

Construction Partners' stock surged 5.11% during pre-market trading on Thursday, following the release of its fiscal first-quarter 2026 results.

The civil infrastructure company reported revenue of $809.47 million, a 44% increase year-over-year and significantly above the analyst consensus estimate of $752.12 million. Adjusted earnings per share came in at $0.47, beating estimates of $0.30 by 56.15%. The company swung to a net income of $17.21 million from a net loss in the same period last year.

Management attributed the strong performance to outstanding operational execution and favorable weather conditions. Construction Partners also raised its full-year 2026 revenue guidance to a range of $3.48 billion to $3.56 billion, up from previous expectations and above analyst estimates. The company ended the quarter with a record project backlog of $3.09 billion, indicating robust future demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment