Construction Partners' (ROAD) recent acquisition is set to enhance and expand its product offerings and geographical reach.

Editor’s note: This story has been updated to correct an error in the price action of Charter Communications stock. A worse-than-expected University of Michigan May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures. The report disclosed that both near-term and long-term inflation expectations have surged beyond projections this month, causing the broader consumer gauge to hit its lowest levels in six months. “If spending slows down and inflation increases, we'll get the opposite of the Goldilocks scenario that many were hoping for, and the Fed will be in an especially difficult position of choosing between accommodating a slowing economy and fighting increasing inflation expectations,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. Echoing this view, Jeffrey Roach, chief economist for LPL Financial, sees rising risks of stagflation, a concern that could unsettle markets. At 12:05 p.m. trading in New York, the S&P 500 was 0.1% lower, but it was firmly up by 1.6% for the week, poised to secure a third consecutive week of gains after three of losses. The Dow Jones Industrial Average was a tad higher, battling to secure the eight straight session of gains, the longest positive streak since December 2023. Tech stocks were flat. Small caps were the underperformers, ...Full story available on Benzinga.com

Construction Partners, Inc. (NASDAQ:ROAD) is expected to release earnings results for its second quarter, before the opening bell on May 10. Analysts expect the Dothan, Alabama-based company to report a quarterly loss at 4 cents per share, versus a year-ago loss of 11 cents per share. Construction Partners is projected to report quarterly revenue of $366.05 million, according to data from Benzinga Pro. Construction Partners recently said it has acquired the asphalt manufacturing and construction ...Full story available on Benzinga.com

Janus International Group (JBI) delivered earnings and revenue surprises of 10.53% and 0.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Construction Partners (ROAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Otis Worldwide (OTIS) delivered earnings and revenue surprises of 1.15% and 0.18%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Based on the average brokerage recommendation (ABR), Construction Partners (ROAD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

In the closing of the recent trading day, Construction Partners (ROAD) stood at $56.10, denoting a -0.67% change from the preceding trading day.

Construction Partners (ROAD) closed at $53.96 in the latest trading session, marking a +1.75% move from the prior day.

The average brokerage recommendation (ABR) for Construction Partners (ROAD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

In the most recent trading session, Construction Partners (ROAD) closed at $51.40, indicating a -1.68% shift from the previous trading day.

Construction Partners (ROAD) closed the most recent trading day at $51.34, moving -0.48% from the previous trading session.