NASDAQ$ROAD

Construction Partners Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Reported a 13% increase in revenue and a decrease of 5.2% in net income compared to the same quarter last year.

Construction Partners, Inc. reported a revenue increase of 13% and a net income decrease of 5.2% for the fourth quarter of fiscal year 2024. The company's Adjusted EBITDA increased by 11.8% compared to the fourth quarter of the previous year. They also completed eight acquisitions in fiscal 2024 and acquired Lone Star Paving earlier in November.

  • Revenue increased by 13% compared to Q4 2023.
  • Net income decreased by 5.2% compared to Q4 2023.
  • Adjusted EBITDA increased by 11.8% compared to Q4 2023.
  • Project backlog reached a record $1.96 billion.

Headline financials

Total Revenue

$538M

Previous: $475M+13.3%
EPS (adj)

$0.56

Previous: $0.59-5.1%
Capital Expenditures

$17.5M

Previous: -$18.8M+193.4%
Free Cash Flow

$78.4M

Previous: $43.9M+78.7%
Net Income

$29.3M

Previous: $30.9M-5.2%
Operating Income

$45.8M

Previous: $44.8M+2.3%
Gross Profit

$84.1M

Previous: $75.5M+11.3%
Stock-Based Comp

$4.21M

Previous: $2.85M+47.6%

Revenue & EPS history

Construction Partners · Revenue · Quarterly

$538M

Q4 2024+13.3%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

CPI projects continued growth and enhanced profitability in fiscal 2025, supported by the contribution of Lone Star Paving.

Tailwinds

  • Revenue is projected to be in the range of $2.48 billion to $2.58 billion.
  • Net income is projected to be in the range of $97 million to $113 million.
  • Adjusted EBITDA is projected to be in the range of $347 million to $377 million.
  • Adjusted EBITDA Margin is projected to be in the range of 14.0% to 14.6%.
  • Addition of Lone Star positions CPI to accelerate its ROAD-Map 2027 strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.9%

Avg return

30 days after

46%

16 / 35 earnings

Positive

+24.8%

Q3 2022

Best reaction

-20.9%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+6.0%-3.5%-16.0%
Q1 2026+11.2%+11.2%+2.9%
Q4 2025-3.6%+1.5%+4.7%
Q2 2025+3.6%+8.3%+19.3%
Q1 2025+2.7%-4.6%-17.8%
Q4 2024+9.5%+9.0%+1.6%
Q3 2024+3.7%+4.1%-2.0%
Q2 2024+2.1%+6.4%-0.4%
Q1 2024-5.7%-5.2%+2.5%
Q4 2023-0.3%+1.7%+3.4%
Q3 2023+15.2%+15.1%+18.8%
Q2 2023+14.7%+16.3%+23.4%
Q1 2023-4.0%+2.3%-8.4%
Q4 2022-15.2%-10.0%-17.2%
Q3 2022+24.8%+25.7%+23.4%
Q2 2022-20.9%-20.3%-12.6%
Q1 2022+4.3%+6.1%+2.1%
Q4 2021-6.1%-8.0%-25.0%
Q3 2021-1.8%+2.4%+2.4%
Q2 2021-3.1%-7.7%+2.5%
Q1 2021-7.1%-10.3%-6.4%
Q4 2020-4.4%-4.9%+15.4%
Q3 2020+14.2%+10.0%-0.1%
Q2 2020-2.1%-17.7%+21.7%
Q1 2020-7.4%-1.8%-1.7%
Q4 2019-16.0%-13.7%-14.4%
Q3 2019+1.4%+8.3%+9.6%
Q2 2019+4.3%+17.9%+22.6%
Q1 2019-2.7%+4.2%+8.3%
Q4 2018-2.7%-7.3%+15.7%
Q3 2017+0.1%+1.3%+2.9%
Q3 2018+0.9%+8.1%+13.6%
Q2 2018-3.2%-4.3%+2.8%
Q2 2017-3.2%-4.3%+2.8%
Q4 2017-3.2%-4.3%+2.8%
Q1 2018
Q1 2017

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