Dycom Industries, Inc. Announces Fiscal 2016 Third Quarter Results And Provides Guidance For The Next Fiscal Quarter

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FBR Capital Raises Price Target on Dycom Industries (DY) to $115 Following 3Q EPS Beat

May 25, 2016 2:12 PM EDT

FBR Capital reiterated an Outperform rating on Dycom Industries (NYSE: DY), and raised the price target to $115.00 (from $100.00), following the company's 3Q earnings report. Dycom reported an adjusted EPS of $1.08, ahead of the consensus of $0.74. F4Q16 guidance implies FY16 EPS of $4.30$4.45.

Analyst Alex Rygiel commented, "Last night, after the close, Dycom Industries, an FBR Alpha Generator, announced a... More

Dycom Industries (DY) Tops Q3 EPS by 34c, Offers Q4 Guidance

May 24, 2016 4:08 PM EDT

Dycom Industries (NYSE: DY) reported Q3 EPS of $1.08, $0.34 better than the analyst estimate of $0.74. Revenue for the quarter came in at $664.6 million versus the consensus estimate of $597.78 million.

GUIDANCE:

Dycom Industries sees Q4 2016 EPS of $1.45-$1.60. Dycom Industries sees Q4 2016... More