Dycom Industries Inc reports results for the quarter ended July 31 - Earnings Summary

• Dycom Industries Inc DY.N reported quarterly adjusted earnings of $3.33​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $2.46. The mean expectation of nine analysts for the quarter was for earnings of $2.90 per share. Wall Street expected results to range from $2.74 to $2.98 per share.

• Revenue rose 14.5% to $1.38 billion from a year ago; analysts expected $1.41 billion.

• Dycom Industries Inc's reported EPS for the quarter was $3.33​.

• The company reported quarterly net income of $97.48 million.

• Dycom Industries Inc shares had risen by 10.3% this quarter and gained 54.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Dycom Industries Inc is $292.50, about 7.8% above its last closing price of $269.57

This summary was machine generated from LSEG data August 20 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)