Construction Partners, Inc. (ROAD) shares climbed 9.22 percent to $143.47 up $12.11 on Friday, after the company reported stronger second-quarter earnings and revenue growth.
Construction Partners' stock opened at $142.76 and traded between $139.96 and $151.00 during the session on the Nasdaq. Volume reached 648,785 shares, compared with an average daily volume of 540,987 shares. The stock was trading at $143.47, up $12.11 from its previous close of $131.36.
The company posted net income of $9.2 million, or $0.16 per share, for the quarter ended March 31, 2026, compared with $4.2 million, or $0.08 per share, in the prior-year period. Revenue increased 34.6 percent to $769.2 million from $571.7 million a year earlier, while operating income climbed to $37.4 million from $27.3 million. Gross profit also rose to $98.9 million from $71.4 million last year.
ROAD shares have traded in a 52-week range of $91.72 to $151.00.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.