DOTHAN, Ala. (AP) — DOTHAN, Ala. (AP) — Construction Partners Inc. (ROAD) on Wednesday reported fiscal fourth-quarter profit of $30.9 million.
On a per-share basis, the Dothan, Alabama-based company said it had profit of 59 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.
The road and highway construction company posted revenue of $475 million in the period.
For the year, the company reported profit of $49 million, or 94 cents per share. Revenue was reported as $1.56 billion.
Construction Partners expects full-year revenue in the range of $1.75 billion to $1.83 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROAD at https://www.zacks.com/ap/ROAD